Obamacare alternatives are being searched for as the implementation of the Affordable Care Act looms.
As previously reported by The Inquisitr, Congress has its own Obamacare alternative which exempts staff workers from the same rules so their premiums don’t skyrocket.
While income verification for the individual mandate for Obamacare has been delayed until 2015, much of the Affordable Care Act is still steaming full ahead, with Obamacare state exchange signups beginning this October 1. All full time employed US citizens in companies with more than 50 employees are required to have health insurance by January 1, 2014. But one study claims the Affordable Care Act could cause people to leave their jobs, and even Unions are criticizing Obamacare.
So now people are deal hunting for Obamacare alternatives in order to save money. For the most part, Republicans have focused on defunding Obamacare, but those efforts have never made it beyond the Republican-controlled House of Representatives. Now Republicans are threatening a government shutdown if an Obamacare defunding is not part of the deal.
But the Republicans are also offering an Obamacare alternative comprised of tax breaks. This Obamacare alternative would give a $7,500 tax deduction to individuals who purchase their own health coverage outside of employee benefits. Families could deduct up to $20,000. But for the most part this Obamacare alternative would only affect part-timers, the self-employed, and small businesses.
Another Obamacare alternative is being offered by a company called Christian Care Ministry, or Medi-Share. Technically, Christian Care ministry is not a health insurance company. Instead, they are a non-profit “sharing community” that covers medical bills and the health coverage rules are governed by votes from members.
But Christian Care Ministry points out that Section 1501, page 148 of the Affordable Care Act has as special exemption for Obamacare alternatives like them. This means their “Medi-Share members [are] exempt from the [Obamacare individual] mandate to purchase insurance by 2014 or face financial penalties.”
Since 1993, they have covered hundreds of millions of dollars in medical bills, from doctor’s visits to brain surgeries. But, as a non-profit ministry, their medical coverage is only available to Christians who meet their conditions.
What type of Obamacare alternatives would you like to see?