Much of the Affordable Care Act, perhaps more commonly known as Obamacare is set to go into effect in January. The insurance exchange market, where people can find and compare prices on individual insurance plans is opening next month.
But the closer we get to the implementation of Obamacare, the more confusion there seems to be about the new law.
A recent poll by NBC and the Wall Street Journal found that almost 70 percent of Americans say they either don’t understand the Affordable Care Act very well, or they understand it “some.” The poll also found that 45 percent of people think Obamacare is a bad idea, compared with just 23 percent who think it’s a good one.
Some of the confusion surrounding the ACA stems from differing interpretations of the law by those who support and oppose it. For instance, opponents of Obamacare argue that it’s a job-killer, it will make it difficult to find full-time work and cause insurance premiums to go up; while supporters of the law say it won’t really have an impact on jobs and will cause premiums to go down.
An editor from FactCheck.org talks to Larry and debunks some of the Obamacare myths.
Louise Radnofsky, Health Policy Reporter, Wall Street Journal
Lori Robertson, Managing Editor, FactCheck.org