There are lots of myths in circulation about Obamacare, years after it’s gone into effect. We’ll clear up the four most common ones.
For the record, I am not a proponent of Obamacare and the Affordable Care Act. In fact, I despise it. It’s caused my health insurance premiums to more than double. And according to the U.S. Census Bureau, as of 2012 over 48 million people were still uninsured. So much for making sure everyone had insurance. Nevertheless, facts are facts. Use this information to debunk some surprisingly still prevalent myths about this law.
Myth: There Are Health Care Rations
Fact: Technically, Obamacare is not social medicine like you see in England or in Canada; and we all know what those systems have done to denigrate the quality of care and to deter companies from developing drugs and cures (where most research ends up being conducted at universities instead). Rather, the law regulates health insurance providers and companies, as well as uninsured persons, forcing everyone to have health insurance. This, in turn, has jacked up premiums for many holders, like myself, where my private PPO Plus plan turned into an HSA plan at twice the price with double the annual deductible.
Myth: Death Panels Exist
Fact: A lot of people thought, and still do, that Obamacare has death panels that would determine whether or not a person was eligible for getting good health care. Instead, the reality is that the law oversees older American healthcare plans to help pay for those who want to integrate do-not-resuscitate orders, end-of-life directives and living wills into their life planning. Everyone, regardless of age, has access to equal care, with doctors and hospitals being rewarded for increased quality of care, in particular with geriatric patients.
Myth: Certain Religious Are Exempt
Fact: No, nobody is exempt from getting healthcare under the Affordable Care Act. But this myth did start from somewhere. And that somewhere is the built-in “religious conscience exemption,” for groups that don’t use insurance and who reject Social Security. Numerous religious groups have widely supported the act, too, voicing this support since 2009.
Myth: The IRS Has Access to Medical History of Patients
The IRS has no role in the healthcare law, with exception to the fact that they check to assure that you have insurance or they are required to penalize you for not getting it. Officials have the power to look at your tax records and check the online marketplace via an integrated data hub that’s hosted by the U.S. Department of Health and Human Services that serves only for verification of insurance purposes. The hub does NOT store medical records and is a verification system only, which the IRS does NOT control.