Yes, since it will take money from those that work and give it to everyone. Treatment will not be as good, plus they will put you on a waiting list for serious health issues like Canada.
No, it's not socialized medicine in any meaningful way, and the above is patently false.
Socialized medicine indicates a government-run healthcare industry. In the USA, Medicaid and Medicare are instances of socialized medicine.
Under the PPACA, the privately-run health insurance industry will continue to provide coverage for roughly 80% of all people. The PPACA provides subsidies to people below certain income levels to help them purchase private health insurance, and it also expands the Medicaid program to allow more people to qualify.
But it does NOT fit the definition of a socialized medical system as a whole. Rather it's a regulated private system.
Plus, there is no basis for making claims about improved or poorer treatment levels, as the law is quite complex, and the total system effects will not be known until later this decade (likely around 2018 or later).
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