Who is Responsible for Failure of Affordorable Care Act?

Obama with Officials

Medical Healthcare insurance is backbone of US. From past decades we have seen lots of changes in Healthcare Laws and many Healthcare Reforms were made in order to maintain sustainability of Healthcare Insurance. After becoming President of United States US President Barack Obama kept his focus towards growth of country. Obama introduces Obama-care for US people as Healthcare reform.

But insurance provider from the time Obama-care was introduced were against that and they kept saying that the these changes would disrupt coverage and increase premium for consumers.
Many insurance industry officials and state insurance commissioners expressed their frustration on Friday by saying that they were confused by President Barack Obama's assertion that the cancellation of millions of insurance policies occurred because a key provision of the Affordable Care Act didn't work as expected.

Many of don't know but there is widespread cancellation of policies in individual health insurance market roughly 5 million and counting. This is not only for Individual Medical Healthcare insurance policies cancellation but cancellations are occurring in the small group market also which covers businesses with between two and 50 employees.Medical Healthcare Insurance

Health Insurance Provides were saying this for years that the requirements in the law were going to mean that people couldn't keep their plans and they were  going to have to purchase coverage that was more expensive. And now everything said is coming true and people are acting as surprised.

The President is now accepting responsibility for Obama-care's dramatic roll down at new Conference. He repeated his pledge that " If you like your insurance, you can keep it."
Questions raised why he continued to say that when estimates from his own administration suggested millions of Americans would not be able to keep their insurance. For this Obama replied "There is no doubt that the way I put that forward unequivocally ended up not being accurate. It was because of my intention not to deliver on that commitment and that promise. We put a Grandfather clause into the law but it was insufficient.

So Mr. President proposed a solution that he directed to Healthcare insurance providers to keep on selling plans that don't comply with Obama-care for one more year.

This said Medical Healthcare Insurance Commissioners from California, Florida , Kentucky and North Carolina said they would move quickly to implement the President;s request. Many Healthcare Insurance Providers officials suggested this move is too late in the game to change the rules.

I don't know how successful will be Mr. President but I am sure after this failure he is going to learn new lesson for betterment's of People. 

US Health Care Law

In US Health Care Law plays very important role . These are the laws passed or you can say approved by federal government to make Medical Healthcare/ Healthcare Insurance market work better for individuals , families, students , retired persons , old peoples . Almost covering each and every human being present in country .

As per new Health Care Law in US it protects consumers against worst insurance practices. After New US Health care law health insurance protections for all Americans moves forward. As per new Healthcare law in US issued they implemented five key consumer protections from the Affordable Care Act and makes the health care insurance market better for individuals, families and small businesses.

As per Secretary Kathleen Sebelius " being sick will no longer keep you ,your family or your employees from being able to get affordable health coverage".

As per these reforms all individuals and employees have the right to purchase health insurance coverage regardless of their health status.  In addition, insurers are prevented from charging discriminatory rates to individuals and small employers based on factors such as health status or gender, and young adults have additional affordable coverage options under catastrophic plans.

This final rule implements five key provisions of the Affordable Care Act that are applicable to non-grandfathered health plans:

Guaranteed Availability
Nearly all health insurance companies offering coverage to individuals and employers will be required to sell health insurance policies to all consumers. No one can be denied health insurance because they have or had an illness.

Fair Health Insurance Premiums
Health insurance companies offering coverage to individuals and small employers will only be allowed to vary premiums based on age, tobacco use, family size, and geography.  Basing premiums on other factors will be illegal.  The factors that are no longer permitted in 2014 include health status, past insurance claims, gender, occupation, how long an individual has held a policy, or size of the small employer.

Guaranteed Renewability
Health insurance companies will no longer refuse to renew coverage because an individual or an employee has become sick.  You may renew your coverage at your option.

Single Risk Pool
Health insurance companies will no longer be able to charge higher premiums to higher cost enrollees by moving them into separate risk pools.  Insurers are required to maintain a single state-wide risk pool for the individual market and single state-wide risk pool for the small group market.

Catastrophic Plans
Young adults and people for whom coverage would otherwise be unaffordable will have access to a catastrophic plan in the individual market.  Catastrophic plans generally will have lower premiums, protect against high out-of-pocket costs, and cover recommended preventive services without cost sharing.

In preparation for the market changes in 2014 and to streamline data collection for insurers and states, the final rule amends certain provisions of the rate review program.  And, HHS has increased the transparency by directing insurance companies in every state to report on all rate increase requests.   A new report has found that the law’s transparency provisions have already resulted in a decline in double-digit premium increases filed: from 75 percent in 2010 to, according to preliminary data, 14 percent in 2013.

In addition, U.S. Department of Labor announced an interim final rule in the Federal Register that provides protection to employees against retaliation by an employer for reporting alleged violations of Title I of the Act or for receiving a tax credit or cost-sharing reduction as a result of participating in a Health Insurance Exchange, or Marketplace