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→Immediate Impact in 2010
Health insurers raised premiums for Americans as a direct result of President Obama's health care overhaul.<ref>Janet Adamy. [http://online.wsj.com/article/SB10001424052748703720004575478200948908976.html?KEYWORDS=health+care+insurance+premiums Insurers Pin Rate Hikes on Health Law], ''[[Wall Street Journal]]'', September 07, 2010.</ref><ref>[http://online.wsj.com/article/SB10001424052748703340904575285002595068326.html?KEYWORDS=health+care+insurance+premiums Health Law Augurs Transfer of Funds From Old to Young], WSJ.com, July 25, 2010.</ref>
Health insurers raised premiums for Americans as a direct result of President Obama's health care overhaul.<ref>Janet Adamy. [http://online.wsj.com/article/SB10001424052748703720004575478200948908976.html?KEYWORDS=health+care+insurance+premiums Insurers Pin Rate Hikes on Health Law], ''[[Wall Street Journal]]'', September 07, 2010.</ref><ref>[http://online.wsj.com/article/SB10001424052748703340904575285002595068326.html?KEYWORDS=health+care+insurance+premiums Health Law Augurs Transfer of Funds From Old to Young], WSJ.com, July 25, 2010.</ref>
Obamacare, ultimately however, guarantees health care to millions of Americans, who otherwise would be left uninsured. You do not have to pay the penalty if you do not want to - the IRS, under this act, will not penalize you for refusing to pay the penalty. Small business owners and larger companies will have to find their employees insurance. Insurance companies can no longer deny coverage for pre-existing conditions.
Ultimately, Obamacare is good for this country.
=== Requirements for Insurance Companies ===
=== Requirements for Insurance Companies ===