Jones & Swanson has posted about Obamacare and details associated with the program in the past. As implementation gets closer and more serious, further details are being stirred for Georgians to consider. In a little over a year, proof of qualified health insurance will be required by all Americans. If this cannot be proven, taxes will be placed on those Americans in an effort to make them acquire insurance. This isn't new information for most metro-Atlanta citizens.
What is new and potentially disturbing is that revelation that prisoners, undocumented immigrants, and those below the poverty line will not be held accountable for this tax if they do not have qualified health insurance. According to resources, these groups add up to 1/6 of the United States' population.
In an effort to keep Obamacare policies in place, Americans will be required to report their health insurance coverage on their tax returns, making a payment if necessary. These forms will potentially include the ability to file yourself as one of the groups mentioned above that qualify for exemptions from the Obamacare mandate and taxes associated with it.
Obamacare is slated to officially begin in January of 2014. It will require that all Americans have qualified health insurance coverage and will punish employers with more than 50 employees that do not offer health coverage. There are many pros and cons to the Affordable Care Act (Obamacare), and it is a highly debatable topic. Although it will ensure that more Americans will have access to health coverage that they need, it will cut Medicare, taxes will be increased, and seniors will be forced out of Medicare Advantage because of the millions of uninsured that will be required to be covered by Medicaid. The pros include the fact that pre-existing conditions will not affect whether or not patients are provided health coverage and companies cannot drop people because they become sick. Those Americans still in college can remain on their parents' plans until the age of 26 and much funding will go to school-based health centers from this act. Depending on who you speak with, Obamacare will aid many and affect others negatively.
Our experienced injury attorneys work closely with medical offices throughout the metro-Atlanta area and the rest of Georgia. This means that the effects of Obamacare are important to use, because it will in turn affect our clients and their health coverage when involved in an accident causing injuries. If you have questions about the Affordable Care Act, contact our office today at (770) 427-5498. We will attempt to answer any concerns you may have and refer you to sources with more information if necessary.