New legislation regarding health care, with the purpose of making health care more affordable for everyone. Many of the rules are restricting the power of corrupted
insurance companies. Before, the insurance companies could tell the customers that they won't get any more coverage because they have hit a "lifetime limit", in other words, they used too much of insurance. The kids coverage age is extended to 26. The "
pre-existing conditions" that insurance companies put for certain people will be removed. This means everyone will pay the same regardless of their medical history. Insurers have less ability to change the amount of money that people need to pay. Insurers can't drop their customers once they are sick.
When you are healthy and can afford insurance but do not get it, you will be charged a fee. This is the "
mandate" that people are talking about. Basically it is saying that you can't have insurance only just before you get sick since now insurers now have to cover you regardless of what you have before.
Businesses with over 50 employees must offer health insurance to full-time employees, or pay a penalty.This will help the majority of american workers who work in those big franchised companies: Mcdonald's, Subway, pizza companies etc. The medical care can be now used by poor people.
Also Obamacare has benefits for women too. Health insurance cannot discriminate against women on pricing or plan availability. The contraceptives support and sick times are improved.
For all details:
Obamacare