November 11, 2013
As the United States has run a website for President Barack Obama’s controversial healthcare law, many believe that the Affordable Care Act, widely known as Obamacare, “is not real healthcare coverage.”
“The biggest problem with Obamacare is that it is a benefit and enormously profitable for the insurance companies. But it’s not real healthcare coverage for the average person,” Sara Flounders, co-director of the International Action Center said on Saturday.
Flounders said the law has “many, many loopholes” that American citizens do not know.
Activists say senior citizens in the US are losing insurance and doctors under Obamacare.
Private insurance companies that cover patients with government funds under the Medicare Advantage program have quietly started to dump doctors and patients because of Obamacare budget cuts, according to an op-ed ,by investigative journalist Evan Gahr, appeared on dailycaller.com
Federal payments to Medicare Advantage HMOs will decrease about eight percent in 2014, according to one prominent healthcare industry analyst.
According to the article, the ACA slashes Medicare Advantage funding by $156 billion in ten years.
Democrats argue that the reduction would not harm patients but Republicans believe it would have dire consequences.
Obamacare, Flounders said, “benefits the insurance companies, the medical industry, the pharmaceutical industry, and not the people who need it.”
The Obama administration continues to receive criticism over its Healthcare.gov site as technical glitches have made problems for those who want to register with the site.