Today marks the first anniversary of the passage of the Patient Protection and Affordable Care Act.  Shortly after taking control of the House earlier this year, the Republican party voted to repeal the Act.  And the federal court is split on whether the Act is constitutional.

Here’s what we saw on the CNN blog today:

HEALTHCARE LEGISLATION TURNS AN UNEASY ONE-YEAR OLD – Wednesday marks a year since President Obama signed the Patient Protection and Affordable Care Act into law. But in those ensuing 12 months, the debate has barely missed a beat. On Capitol Hill, NPR reports, Democrats have continued to sing the measure’s praises. “With this landmark law, we made health insurance and health care a right, not a privilege, for all Americans,” said House Democratic leader Nancy Pelosi, “by extending coverage to 32 million more Americans.”

Meanwhile, Republicans, like Utah Sen. Orrin Hatch, have been considerably more downbeat. “I hate to talk this way, but it’s true. It is one of the worst pieces of legislation in the history of this country,” Hatch said on the PBS NewsHour. “And it’s not going to work.”

As the debate goes on,  American families are still paying close to $24,000 in annual health care benefit costs.  Find out if you qualify for lower cost, alternative funding programs that can reduce these costs by as much as 30%.

The Patient Protection and Affordable  Care Act (PPACA), commonly referred to as the Obama Health Care Act, was enacted in March 2010.  Key provisions of the widespread health care reform act include:

• All Americans, including children, must have health insurance.
• Employers are required to provide health insurance to their employees.
• Employees are allowed to keep their employer-provided health insurance if they lose their job (or are in between jobs).
• Insurance companies will no longer be allowed to reject people because of pre-existing health conditions.
• Insurance premiums will be the same for everybody regardless of health status.
• A one-stop marketplace, called National Health Insurance Exchange, for customers to compare and shop for insurance plans.
• The introduction of a government run “public” health insurance option to provide low-cost, affordable health insurance for everybody.

While the intent of the PPACA is to reduce health care costs in the United States, we are not likely to see this happen in the near future.  In fact, the health care reform measures will result in an insurance company tax bill estimated at $8 billion in 2014 and escalating to as much as $12 billion by 2018 – this tax will be be passed on to employers.

Current Cost of Health Care

The current cost of health care benefits for family coverage is approaching $2,000 per month – that’s $24,000 a year; yet the average family only uses between $3,000 to $5,000 a year.  The difference remains in the hands of the insurance companies.  Rather then continue to pay excessive insurance premium costs, New Millennium Health Care offers will guide you towards a lower cost solution – a well-structured, self-funded solution that can lower the cost of your employee health care benefit premiums by as much as 20% to 25%.

For more information and answers to questions, see Frequently Asked Questions.