Do you think President-elect Donald Trump should repeal Obamacare?

November 23 23:01 2016

In fashioning Obamacare, he and the Democrats on the Hill were naïve and unwise in both what they did and how they did it.

How would Iowans who have purchased health insurance through state or federal programs be impacted if Republican lawmakers and President-elect Donald Trump fulfill their campaign promise to repeal the federal health care law known as the Affordable Care Act, or Obamacare? If you think the increases in premiums for some policies under Obamacare are large, look out.

Referring to the millions who will lose their health insurance, Mr. Bertolini said, “You can’t put them out on the street without insurance”.

“Because we do not have a filibuster-proof Senate, it’s unlikely that we could have just a one-page bill that repeals the Affordable Care Act“, she recognizes. Although the idea was based on a plan originally conceived by a Republican-leaning think tank, it was hated from the beginning by the party not in power at the time.

The Ryan report details what he says is wrong with Obamacare and how Republicans could fix it. “Make insurance companies compete for our business”. They may make a few changes (it does need some), leave the popular bits intact, slap a new name on it and claim credit for “repeal and replace”.

Republicans, even in the fairly unspecific proposal they rolled out last summer, have said they would preserve some of those Obamacare reforms, although their plans don’t provide equivalent guarantees of coverage, and do not include specific figures about how much the federal government would spend to help people get insurance. We see this as a negative for hospitals because they will have more patients coming in who are uninsured, and that will drive up bad debt expense.

Clearly, many more questions exist for Trump’s health care plan than do specifics – not to mention the dollars and cents of its replacement. And nothing is bigger than Obamacare. Ryan has only hinted at what level of insurance coverage his subsidies are expected to buy. To pay those deductibles and other health care costs, people would have tax-free health savings accounts. The uncertainty makes it hard to know what may come of Iowans’ health care plans.

Shannon Drees, 26, a student from Orlando, Florida, hopes possible reversal of the Affordable Care Act could lower premiums for young, healthy people.

A Fort Myers family is in debt and owes thousands for surgery that should have been covered under the Affordable Care Act. In addition, people can enroll in term health insurance at any time.

“I’m paying $6,000 to have the privilege of then paying another $5,000 [in deductibles]”, said Lopez, who lives in Downey, a suburb of Los Angeles.

Medical and benefit costs have been rising for a number of years, and individual rates have seen double-digit increase, said John Fradelizio, managing director, North Bay employee benefits, Wells Fargo Insurance Services. He says companies should ask their employees the following. You could allow companies to charge much more for those with expensive medical conditions, but in many cases that will amount to the same thing as a prohibition on coverage. “For example, under current law, HSA owners are barred from using HSA funds to cover insurance premiums, direct primary care costs, over-the-counter drugs, and several other commonsense expenditures related to their health”.

“Regardless of whether the ACA’s contraceptive coverage mandate is repealed, women in this state will continue to benefit from generous access to a broad variety of measures to prevent pregnancy for a modest co-payment through the state’s health plans and pursuant to state law”, Murphy said in a statement. That’s the pre-existing condition the president-elect and speaker should be focused on. Residents in the high-risk pool won’t know the state is covering their bill, according to WSJ.

Goldberg said he expects more people to come forward. By taxing employer-sponsored coverage, around $260 billion could be picked up to ensure that tax credits could be used for those buying health plans on the exchanges.

Major changes for Medicaid coming under Trump and the GOP

Do you think President-elect Donald Trump should repeal Obamacare?
 
 
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