How did it happen that supporters of Obamacare are allowing the conservatives to label The Affordable Care Act (ACA) socialized medicine and/ or socialism? Are they trying to hide just how capitalistic the ACA really is? Now I haven't been the biggest supporter of the ACA and it has its flaws, but it has some good things in it and it is not Socialism.....PLAIN & SIMPLE!
The ACA is a gift to capitalists. It develops competition in each state between private insurance companies, a sort of textbook definition of capitalism. Granted, this isn’t free market capitalism based on the regulations, but any American knows the US is not run on free market capitalism, as it would never work in the real world.
The ACA is not socialized medicine since the customer is still buying insurance. Socialized medicine is not an insurance plan; it is a health plan. Under socialized medicine, you do not worry about bills and deductibles, you go to the doctors or hospital and get your care and walk away. Socialized medicine is also single payer; you simply have health coverage by virtue of being a citizen, and taxpayer money is used to cover everyone. The ACA, however,does not cover those who opt-out, or who do not qualify for coverage.