I was born, raised and live in the U.K. I am 24 years old. I remember, on the face of things, Obamacare being a step forward for the shenanigans which is the U.S. healthcare system. But, I often see posts stating it failed. Someone please explain 🙂
I hold our NHS in high regard. I cannot imagine a healthcare system which can leave people who have worked, paid taxes for 30 years+ and are all round good citizens in financial ruins. What exactly is Obamacare and why do people say it failed?
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A law that:
Federally subsidized private health insurance.
Protected sick people from losing insurance.
Fined people for not having insurance.
Failed to cap market costs.
People got health insurance, people used health insurance, health insurance charged more and more making it unaffordable.
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