ObamaCare Moves Forward: So What Happens Now? | Eastern NC Now

Publisher's note: The effects of ObamaCare are seen in the business community more than in any other facet of our American society. Therefore, we believe that business news source CNBC is the best authority on the subject, as well as all things business.

The Supreme Court ruling to uphold the core of President Barack Obama's 2010 health-care law has wide-ranging political and economic implications.

   Here is a snap analysis of what it means for Americans, health-care providers, insurers, the law and the presidential campaign.

   Working families with annual household incomes up to nearly $90,000 will be able to purchase private insurance through new state insurance markets at prices subsidized according to income level, beginning in 2014. But people with household incomes of around $29,000, who qualify for coverage under the Medicaid government health insurance program for the poor, may have to wait for their respective state governments to decide whether they will join the program's huge expansion.

   Preventive health-care measures including mammograms and other cancer screenings will be available without deductibles or co-pays. Adult children up to age 26 can remain on their parents' health insurance plans. Senior citizens can expect to continue receiving discounts on prescription drugs aimed at closing the Medicare coverage gap known as the "doughnut hole." Health insurers will continue to pay rebates on premiums not sufficiently targeted at health-care services. Beginning in 2014, insurers will no longer be able to deny coverage to adults with existing medical conditions and would be required to stop or curb discriminatory pricing based on gender, age and health status.

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