Keeping you up to date on the latest Obamacare facts - Today (Tuesday) marks the beginning of the much-anticipated Obamacare open enrollment for the new marketplaces - which hasn't gone smoothly.
The federal government operates these marketplaces, or exchanges, across 36 states, and the Obama administration anticipates seven million people will apply for coverage across the six-month open-enrollment period.
The exchange rollout comes as a wash of just-released polls on Obamacare shows the public hasn't embraced our country's new healthcare law.
That's why U.S. President Barack Obama has ramped up speeches and interviews this week addressing Obamacare facts and issues, along with party leaders across the country.
And he has plenty to address...Read more...
Obamacare Facts: Support Slips to 39%; Defund Talk Gets Louder
Americans following the stream of Obamacare facts out of Washington aren't as happy with the new law as they were before, according to a new poll.
According to this just-released CNN/ORC International survey, support for the Affordable Care Act, better known as Obamacare, slipped from 51% in January to a current low of 39%.
Support dropped in all demographics, with the steepest slide in two core Democratic groups: women and Americans making less than $50,000.
The Scariest Obamacare Facts Yet
There have been fears surrounding the "real" Obamacare facts since the Affordable Healthcare Act was first mentioned.
"An unfolding disaster for the American economy," 2012 Republican presidential frontrunner Mitt Romney said of Obamacare. Fellow candidate Rick Santorum called it "the beginning of the end of freedom in America."
Signed into law on March 23, 2010, Obamacare was peddled to Americans as the answer to the precarious problems plaguing the country's healthcare system.
Among its promises were: uninsured Americans were to gain coverage through an expansion of Medicaid; insurance providers couldn't deny coverage to individuals with pre-existing conditions; employers had to offer health insurance to employees; and costs would come down.
As many Obamacare provisions start to kick-in, the nation is finding out how the sweeping health care overhaul fails to live up to its promises.
At over 20,000 pages long, the legislation is full of stipulations chipping away at what it claimed it would achieve.
Following are some of the most alarming Obamacare facts uncovered to-date.
Prepare for the Obamacare Ruling Aftermath
U.S. President Barack Obama and his camp won a battle today (Thursday) when the Supreme Court handed down its landmark Obamacare ruling and upheld the constitutionality of the controversial healthcare law.
Just after 10 a.m. EDT word came that the U.S. Supreme Court, in a 5-4 decision, upheld a key provision of the law that requires all individuals to have health insurance.
Starting in 2014, Obamacare, more formally known as The Protection and Affordable Care Act, is set to impose massive penalties (taxes) on young workers, small business and others who choose not to buy health insurance.
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An Investor Guide to the Supreme Court Obamacare Ruling
Investors impatiently waiting for the U.S. Supreme Court Obamacare ruling have just hours to go.
The Court is supposed to announce its decision on the Patient Protection and Affordable Care Act, or Obamacare, tomorrow (Thursday).
No matter what the ruling, there will be an immediate pronounced reaction in the markets.
This can already be seen with the movement in insurance company stocks as traders prepare for the Supreme Court action.
After rising 17.2% for 2012, UnitedHealth Group (NYSE: UNH) has fallen 5.8% in market action over the last month. Up 5.2% for 2012, WellPoint Inc. (NYSE: WLP) is down 1.7% for the past five days.
The Supreme Court will likely act in one of four ways for the sweeping healthcare overhaul that was signed into law on March 23, 2010. Let's look at how each of the four Obamacare ruling outcomes could affect the markets.
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