As most of you have already heard, our country's new health care reform was passed by the House last Sunday. The Affordable Health Care for America Act actually restricts insurance companies from raising your rates or denying you coverage just because you have a preexisting condition or medical history. The new reform is also promising that 96% of Americans that currently can't afford insurance will be able to afford it.
To me, it sounds to good to be true. And, how is the government going to make sure that every insurance company in America is following this Act? My guess is setting up a new agency to make sure everyone is adhering to the law. But, where is all the money to support this agency going to come from? Hmm.... tax dollars? Just printing more money? Either of the two doesn't sound good, and it's really not. So, yet again the wealthy are back to paying for everyone else's insurance. And if it's not coming from taxes, then the value of the American dollar is going to come down even more and our National Debt is going to sky rocket.
Despite everything negative about our new health care, at least the House did get a bill passed. Now it's all up to Congress to approve it. However, most Republicans are opposed to the reform, so who knows if this bill is going to get passed or not. But, at least the House tried.
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