Will the Affordable Care Act be repealed?
In fact, Trump promised during the campaign to undo the Affordable Care Act (ACA) on day one in office.
House Republicans have requested a pause in their lawsuit against the Obama administration over what they say are unauthorized Obamacare subsidies. “I believe there are plenty of quietly-plugging-along people that require this coverage …”
Obamacare has no doubt struggled in the price and public perception departments.
Although federal efforts have led to a record-low 3.3 million children without health insurance, more than 20 million USA children lack sufficient access to essential health care, according to a new report by the Children’s Health Fund.
“If provisions of the (Affordable Care Act) regarding birth control go away, it’s going to be absolutely critical to replace it with a state law that protects MA residents”, said state Sen.
So rather than spending a lot of money on premiums for insurance they don’t need, people could save that money for when they do get sick. The GOP is now faced with the responsibility of governing and a health care package it has sworn to repeal.
But it won’t be easy, given the sheer number of people who may be affected. For instance, with support of the Republican-controlled Congress, Trump could approve legislation that would eliminate the tax credits that help millions of Americans afford insurance plans through Obamacare’s exchanges.
These people tend to be more affluent and it’s safe to assume they are among the ones least pleased with Obamacare coverage, whether because of high costs, limited doctor choices, or both.
The changes to the healthcare system will not be immediate, but in the meantime, students should stay positive and informed, Nefouse said.
“There is a real need here not to overreach and not to move too fast”, Leavitt cautioned.
The state’s health companies have been left out of early discussions about proposals to reform the act, but representatives said they’re hopeful that their priorities won’t be forgotten as Congress takes up the issue.
Several senior GOP senators in recent days have emphasized that they want to avoid turmoil. One observer said it will be a little like the dog that caught the bus. Lamar Alexander, R-Tenn., who chairs the Senate Health committee.
It is a well understood that the economy of a country becomes more robust as the health and well being of its citizens improves. Republicans in Congress have attempted to repeal key provisions of the health care law dozens of times since its enactment in 2010.
Repeal of Obamacare “would cause massive disruption and chaos in the individual market for health insurance”, a Center for American Progress release stated.
That may not matter in states like Florida and North Carolina, where expansion plans have run into intractable political opposition.
Although consumer frustration with premiums and other problems has intensified this year, polls show most marketplace users are satisfied. Open enrollment for coverage next year is underway.
“It would have probably bankrupted my family”, said Mina Schultz.
That anticipation by investors of easier money might be part of the reason why the share prices of big insurers including Unitedhealth, Aetna, Humana, Cigna and Anthem have surged on the heels of Trump’s victory. However, Trump recently revealed in an interview with Monica Langley and Gerard Baker of The Wall Street Journal that he plans on keeping two parts of Obamacare.
Whether they would return will depend on what kind of replacement Republicans ultimately develop.
“We’re concerned with Mr. Trump’s promise to repeal the ACA and the absence of a coherent replacement plan”, ReShonda Young, the owner of Popcorn Heaven in Waterloo, said in a statement issued by the Main Street Alliance, a national network of small business organizations. “The law, itself, is about 2,700 pages but the complex rules and regulations that accompany the ACA are estimated to add more than 20,000 additional pages”.
If its illegal, the Trump administration can simply stop paying. Reetz says that this stipulation, that went into affect in January of 2013, was first created to fund the the Affordable Care Act and that as Obamacare evolves, so will the funding which means the possibility of getting rid of the tax.
“You can see how complex this whole thing is. It is another when you are taking down someone’s version of the Mona Lisa and trying to put up something that you think is better”.