Thursday 3 October 2013

Government Shutdown and Obamacare

Government shutdown is a situation where Congress fails to pass authorization for the funds which is sufficient for the administration. What is the reason for the current shutdown? It is Affordable Care Act (ACA) or The Patient Protection and Affordable Care Act (PPACA) which is better known as Obamacare. And why the Republicans hate Obamacare? The truth is that no one dislikes the plan but it came through Mr Obama and that is the foremost reason for the hatred. In Reuters/Ipsos poll says most of the republicans support many provisions of Obamacare but the way Mr Obama and his ministry conveyed was wrong

Few provisions of Obamacare:


• Creating an insurance pool where small businesses and uninsured have access to insurance exchanges to take advantage of large group pricing benefits
• Providing subsidies on a sliding scale to aid individuals and families who cannot afford health insurance
• Requiring companies with more than 50 employees to provide insurance for their employees
• Allowing children to stay on parents insurance until age 26
• Banning insurance companies from denying coverage for pre-existing conditions;
• Banning insurance companies from canceling policies because a person becomes ill
• Expanding Medicaid to families with incomes less than $30,000 per year


This shutdown will be alarming since the US is hitting its debt ceiling by October 17. This factor can add an advantage to the Republicans who is waiting to derail the Obamacare as well as Mr Obama. The shut down may force the Democrats to accept the GOP way since the country doesn’t have the reserve to carry on with the administration. But the last Wednesday meeting didn’t give any signals of relaxation from Mr Obama’s side but he emphasized on simple stopgap funding bill to reopen the agencies.

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