GOP’s ‘Obamacare’ repeal path worries health care industry

If the law went away, she said, it would be a “disaster”.

Friday’s fundraiser was held at the University of Charleston’s Ballroom. “Beyond that, we’ll have to wait and see”.

“The Trump administration should begin the work of repealing Obamacare on day one”, said Campbell, a physician, in an email. While no one really knows what that means, one health care analyst with a prominent Albany think tank says NY could be billions of dollars in the hole as a result.

“More and more, we are rewarded for improving quality, patient satisfaction and reducing cost”, he said. Nationwide, $32.8 billion in tax credits were received by 9.3 million enrollees. What would remain, however, are those provisions that can not reasonably be repealed through the budget reconciliation process: the requirement that insurers not discriminate against individuals with pre-existing conditions, the prohibition on lifetime and annual caps, the ability of children to stay on their parents’ plans until age 26, various changes to Medicare and other provisions that do not directly impact the budget.

The number of Hall residents now on insurance through the Affordable Care Act couldn’t be determined.

The Congressional Budget Office, or CBO, estimates that in the absence of a replacement, this bill would result in 22 million people becoming uninsured.

Since 2010, the rate of uninsured people in Florida dropped from 21.3 percent to 13.3 percent a year ago, according to the U.S. Department of Health and Human Services, which tracks how Obamacare has changed the number of uninsured people from state to state. Unlike hospitals and insurers, actuaries don’t have a direct financial stake in the future of the health law. “In addition, delayed alternative coverage and stability could harm teaching hospitals’ ability to provide complex, coordinated care to the nation’s most vulnerable patients”, said a statement from the association. The Memorial CEO says he’s expressed that concern to local Congressman Chris Collins, a Trump supporter and advisor. “This is because we have a really large Medicaid program”.

That should include protections against discrimination involving the LGBT community and those whose native language isn’t English, she said. He said most insurance agents do not charge clients for their services – unlike Realtors – as the agents are compensated by the insurance companies. But you know what?

This begs an obvious question: what if Republicans are only able to repeal certain portions of the law, while leaving in place other significant provisions?

His firm has helped sponsor an annual Greater Hall Chamber of Commerce look at the law.

Trump has said he’d like to sign legislation repealing the law soon after his January 20 inauguration, but that’s unlikely. “Trump’s victory, with continued GOP control of Congress, gives them their first opportunity to do so”. Republican Sen. Susan Collins supports repealing and replacing the ACA, but believes a framework for a replacement should accompany any repeal effort. “What the appropriate sharing formula is going to be still has to be worked out”, he said. “The Republicans can repeal parts of ACA that are budget-relevant”.

“All of us are paying a little bit less for health insurance than we might”, he points out.

But Ryan’s blueprint would not force anyone to buy insurance, nor would it impose fines on individuals who don’t buy into the system, as the ACA does.

Without a replacement for the Affordable Care Act, Texas would lose $62 billion in federal funds over the next decade, according to the Urban Institute’s report.

Ryan’s plan, nearly certain to be adopted by Trump with only small changes, would offer tax credits rather than direct subsidies to help people pay for insurance.

WellStar spokesperson Tyler Pearson said WellStar did previously participate in several of the state exchange insurance plans, but some insurance companies – including Harken and Aetna – have removed those plans from the marketplace for 2017.

Stacey Pogue, senior policy analyst for the Center for Public Policy Priorities in Austin, said any changes to the so-called Obamacare law will be implemented in later years.