Sunday, January 15, 2017

Obamacare Replacement Act

Kentucky Sen. Rand Paul on Sunday(Jan 15, 2017)  unveiled the broad outlines of his Obamacare replacement package. Main features of the package will be published when they will be available. 
If Republicans want to repeal and replace Obamacare with better option , they have to first ensure good features of Obamacare.
Before Obamacare, insurance companies had ways  of making certain patients pay more. one of the ways was to enact lifetime cap. It means Insurance companies would cover healthcare costs to a certain point, but once a patient with a serious chronic disease hit the lifetime limit, he was maxed out for ever. There are many people who need expensive medical care for their entire life. To them, lifetime coverage cap was surrendering themselves to death. For them, Obamacare was  a great blessing.  Under Obamacare, insurance companies are not allowed to apply lifetime coverage provision.


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