1. 15986 POINTS
    Bob VineyardPRO
    Founder, Georgia Medicare Plans, Atlanta,GA
    Obamacare is a law that dictates how health insurance plans are to be designed for individuals and businesses. If you are not covered under an employer plan you will be required to purchase an "approved" plan from a private insurance carrier.

    Low income people may qualify for Medicaid which is a "free" health insurance plan jointly funded with federal and state taxpayer dollars. In a sense, your Medicaid plan could be considered an Obamacare health insurance plan but that is not technically correct.
    Answered on April 17, 2013
  2. 610 POINTS
    Robert Cole
    President-ROCO Insurance Agency,LLC,, WWW.ROCOINSURANCE.COM, Dallas,TX
    "Obamacare" actually is called the "Affordable Care Act," and is a law that was created that mandates that everyone has access to affordable healthcare. If you have seen the commercials for the Marketplace on TV, that is a website that is administered by the government. It's purpose is to offer all the qualified health insurance plans from insurance companies who have met the new guidelines, to help consumers apply for subsidy's, and ultimately enroll them in a new healthcare plan. The government has no financial ties to the insurance company and is not profiting off of this website. 

    The best thing about this new law is that now people who could not access healthcare with decent doctors and facilities are now on a level playing field and can get the care they need. A cancer patient who has had skin cancer for 5 years can see a doctor on a regular basis without wondering if he is going to loose his family home.
    Answered on January 31, 2014
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