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Obamacare and the devastating effects it will have on America - PowerPoint PPT Presentation


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Obamacare and the devastating effects it will have on America. What is the Affordable Healthcare Act? Over 2700 pages Help reform healthcare and insurance system Offering insurance to 16 million Americans with low-income families Expanding Medicaid to them and cutting Medicare costs.

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Presentation Transcript
slide2

What is the Affordable Healthcare Act?

  • Over 2700 pages
  • Help reform healthcare and insurance system
  • Offering insurance to 16 million Americans with low-income families
  • Expanding Medicaid to them and cutting Medicare costs
slide3

How was it passed?

  • Deals and negotiations
  • Passed by the house of representatives
  • Not one republican voted for it
then-Speaker of the House Nancy Pelosi when she infamously remarked: “We have to pass the bill so you can find out what is in it.”
slide4

Problems Arise

  • 27 states sue the national government
  • Under Obamacare you can be forced to buy insurance
  • Upheld in the Supreme Court in a 5-4 decision by means of congresses power to tax
slide5

Costs of Bill

  • First estimated it would save U.S. 210 billion dollars over the next century
  • The actual costs of the Affordable Healthcare Act are $1.76 trillion estimated by the congressional budget office over the next ten years
slide7

How will it effect Doctors

  • Huge shortage of doctors
  • 40 % are over 55
  • 4/9 say they would consider retirement if bill goes through
  • Medicare problems
  • Raising costs on you
  • Premiums are on there way up
slide8

Taxes

  • Over 20 new taxes
  • Raising taxes on all income levels of 2.5 % or $1360 which ever is higher
  • President Obama promised it would put an average of $2,500 back in a families pocket
senator marco rubio

What will happen if you don’t have insurance?

  • IRS will be in charge of enforcing the bills laws
  • Money transfering
  • At least 300 new employees and another 537
Senator Marco Rubio
slide10

Jobs lost

  • Between 2014 and 2023, 71 of the Fortune 100 companies could save $422.4 billion by eliminating employer-sponsored health plans and instead paying employer mandate tax
  • Estimated 800,000 jobs could be lost and tens of millions could lose job sponsored health insurance
slide11

Exemptions?

  • President Obama will not take part in this bill along with congressmen, Government workers, his cabinet, his family and…
  • Strong supporters of the bill
    • Union workers
    • Nancy Pelosi
  • 543,812 union workers compared to 69,813 eployees of small business