What Are The Pros And Cons Of Obama Care

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One of the subsidies that many Americans, including myself are taking advantage of that was out of reach for me and so many others and that would be “The Affordable Care Act” also known as “ObamaCare”. ObamaCare was a subsidy designed to help provide affordable health care for people that couldn't afford it or people who had jobs and their employer didn't offer it. The subsidies are divided into three different parts Premium Tax Credit, Cost Sharing Reduction, and Medicaid/Medicare. The Premium Tax Credit is an advance credit payments paid to your insurance company on your behalf to lower the out of pocket cost for your premiums. Cost Sharing Reduction is a discount that lowers the amount you have to pay for deductibles, copayments, and coinsurance.
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