...But Will It Be Enough
One year is not going to be enough time to sort out the confusion and mountains of paperwork associated with this switch. Furthermore, many Americans cannot afford the health care plans under Obamacare, as it is simply too costly. This is going to create financial problems in America. This is also occurring during a time the nation is already economically weakened from the effects of the 2008 financial crisis.
Obamacare website crashed weeks ago upon launch and the government is struggling to get it fixed. One has to wonder if it was hacked or sabotaged as similar government sites and those belonging to health insurance companies have not experienced such sweeping problems indicative of foul play.
The site has offered time stamped suggestions, such as medical equipment tax, which was later picked up and put into Obamacare several months later (Can ObamaCare Work). However, there are other aspects of Obamacare that need to be changed. You can’t charge the middle class high insurance rates to cover the poor. It’s not going to work. It will economically weaken the middle class that already took a terrible financial battering in the 2008 crisis. Many still have not recovered from it.
People without preexisting conditions should have lower rates, as their health histories indicate it will cost less money to treat them. Rich people with preexisting conditions should be required to pay more, within reason, as they can afford it. A new pharma drug tax on pharmaceutical companies could be enacted and implemented as well, to help pay for the poor with preexisting medical conditions which places them at high risk. It would offset some of the costs.
If you make a certain amount of money, in a higher tax bracket than average, there should be no tax rebates or subsidies granted under Obamacare. Tax rebates and subsidies on Obamacare should only be for lower and middle income people.