Life insurance policy issued by Obama Government in their regime. The policy which was for general public, leads to financial inclusion.

1. OBAMA CARE
POLICY
• OBAMA CARE POLICY IS AN HEALTH INSURANCE POLICY.
• HEALTH INSURANCE HAS EMERGED AS AN ALTERNATIVE MECHANISM
FOR FINANCING HEALTH CARE.
• HEALTH INSURANCE INCLUDES ASSURED BENEFITS AND LONG TERM
CARE.

2. WHAT IS OBAMA CARE?
 THE NEW HEALTH CARE LAW AIDED MILLIONS OF AMERICANS, AFFORD BETTER
QUALITY HEALTH INSURANCE.
 THE LAW IS OFFICIALLY TITLED AS PATIENT PROTECTION AND AFFORDABLE CARE ACT
2010 AND ITS SOMETIME CALLED “OBAMACARE”.
 ONE OF THE BIGGEST CHANGES TO THE AMERICAN HEALTH CARE INDUSTRY.

3. WHAT IS OBAMA CARE?
 IT ALSO KNOWN AS AFFORDABLE CARE ACT.
 OBAMA CARE EXPANDED AMERICANS HEALTHCARE RIGHTS.
 THIS PLAN WAS PRESENTED AS NEW HEALTH CARE BILL.

4. ANALYSIS
 NEW HEALTH INSURANCE MARKETPLACES.
 IMPROVEMENTS TO MEDICARE.
 EXAPANSION OF MEDIACID ELIGIBILITY IN MANY STATES.
 ALL NEW TAX CREDITS & SUBSIDIES TO HELP INDIVIDUALS & SMALL
BUSINESS PURCHASE HEALTH INSURANCE.

5. WHY IS OBAMA CARE ?
 IN US THERE WAS AN WASTEFUL SPENDING IN HEALTHCARE.
 THERE WERE NO SOCIAL EQUITY FOR INSURANCE IN US.
 BEFORE SUCH REFORM, THE HEALTH INSURANCE POLICY WAS NOT
AFFORDABLE FOR MIDDLE-INCOME & LOWER-INCOME PEOPLE.

6. WHY IS OBAMA CARE ?
 WHILE IN LAST HEALTH CARE POLICIES THERE WERE NO MORE
SCREENIGS.
 ALSO HEALTH INSURANCE SECTOR OF US NEEDS TO DEVELOP SUCH
REFORM TO PROTECT THE ALL CLASS OF PEOPLE.
 IN LAST POLICIES, INSURED UNABLE TO GET TAX ASSITANCE.

7. PROS & CONS
 PROS – MORE AMERICANS HAVE AN HEALTH INSURANCE.
 PROS – MORE SCREENINGS ARE COVERED.
 CONS – TAXES ARE GOING UP AS A RESULT OF OBAMACARE.
 CONS – YOU CAN BE FINED IF YOU DON’T HAVE INSURANCE.

8. IMPLICATIONS
 FOR INDIVIDUAL & FAMILIES – MOST OF INDIVIDUALS & FAMILIES ARE
ELIGIBLE FOR DISCOUNRS.
 FOR EMPLOYERS & BUSINESS – EMPLOYEES GET INSURED. IF THEY DO
NOT DO SO THEY ARE SUBJECT TO A PENALTY.
 GETTING TAX ASSITANCE – FEDERAL GOVERNMENT PROVIDES
DISCOUNTS FOR HEALTH INSURANCE. THERE ARE TWO TAX ASSITANCE
PROGRAMME LIKE THE PREMIUM TAX CREDITS AND SMALL BUSINESS
HEALTH CARE TAX CREDIT.

9. MY OPINION
 OBAMA CARE STRONGLY FAVOUR OF THE INDIVIDUAL HEALTH
INSURANCE MARKET.
 THE POLICY MOTIVATES INDIVIDUAL TO GET INSURED BECAUSE IT GIVES
THE TAX ASSITANCE & ALSO DISCOUNT.
 OBAMA CARE IS TOO TRANSPARENT FOR INDIVIDUAL.

10. MY OPINION
 MAKING AVAILABILITY OF HEALTH INSURANCE TO THE ALL PEOPLE.
 THE MANDATORY CONDITION OF OBAMA CARE GIVES THE INSURED TO
EVERY SINGLE PERSON.
 ACA OR OBAMACARE ITS AN PAY OR PLAY FOR BUSINESS.

11. THANK YOU
NAME – MOHIT S JANE
SUBJECT – INSURANCE & RISK
MANAGEMENT