During the presidential debate, Democratic candidate Joe Biden presented his plans to improve and reform the Affordable Care Act or the Obama Care. This new and improved version was dubbed as
Prior to being elected as the president, Biden commented that he was going to pass Obamacare with a public option. It was a bold move to publicly change the name of former President Barack Obama's key accomplishment, and it caught the eye of viewers.
The hashtag Bidencare was trending on social media and media shortly after that. According to the comprehensive plan detail on the campaign website, Biden's version of the Affordable Care Act seeks to create a new public health insurance option like Medicare that is affordable for all American citizens.
Restructure health care plans to make it easier and less expensive. Reduce the cost of prescription medication by increasing regulation and competition from international providers.
Make health care accessible to everyone, including those who have existing conditions.
Despite many opposing the plan, including President Donald Trump who called both the Obama Care and Bidencare as socialized medicine, the plan could just be a matter of repackaging an existing plan.
Last October, a poll by The New York Times / Siena College found that sixty-seven percent of the voters support the public health care option, which was more than the fifty-five percent which supported Obamacare.
The Affordable Care Act became a in 2010, and has been called as a success in covering people with pre-existing conditions and also many oppose deemed it too expensive for people who are not eligible for Medicaid or federal subsidies.
The Affordable Care Act and possible future were major issues in the last year's election, especially when it came to pre-existing conditions, where millions of citizens in America had or had had covid.
One week after the elections, on November 10, the Supreme Court reviewed the ACA to determine whether it is constitutional or should be abolished.
A controversial component of the ACA was the individual order to have health insurance for at least three months in a calendar year or pay a tax penalty wherein 2019, the punishment was six hundred ninety-five dollars or 2.5 percent of the annual household income.
It was implemented as a way to put into effect at least some form of health coverage and was based on the idea that collective participation would help balance the high costs of coverage for sick people as offset by insuring healthy people at relatively lower costs.
Opponents of the directive said it imposed an unfair burden on those who simply could not afford any coverage, as those who could not afford insurance had to pay a fine.
The former president Donald Trump revoked the tax penalty with the Tax Cuts and Jobs Act, which took effect on January 1, 2019.
The Affordable Care Act case has taken many twists and turns in its current state, but ultimately, the federal government's position is that once the tax penalty is lifted, the ACA loses the ability to enforce health care coverage, which made the entire Obamacare structure unconstitutional.