OBAMACARE 2017: Alert
Possible negative consequences of repeal
Proposed changes to Obamacare (also known as the Affordable Care Act) could initially eliminate coverage for millions of Americans. (Currently, 20 million people are covered.) This strategy could also leave in place cuts to hospitals, possibly exposing hospitals to nearly $400 billion in lost funding over a ten-year period. Cuts of this magnitude could seriously impact patient access to medical care. Obamacare aims to keep costs low by having everyone sign up for health insurance or be subject to tax penalties. This way, not only sick people buy health insurance. The federal government shares costs with insurance companies to help millions of low-income people pay for coverage.
Republican health care plan
House Republicans promise to eventually replace Obamacare with a health care law that guarantees “universal access” to health insurance, though it will not ensure that everyone will actually have health insurance. They also claim that they will provide a transition period of two to four years, during which time they plan to pass one or more replacement bills changing various aspects of Obamacare. Their plan is to keep costs down by lowering the cost of insurance for everyone, plus raising the cost of deductibles. They have successfully taken the Obama administration to court, because Congress had not appropriated the money used for sharing costs to help low-income people pay for health insurance. The Republicans have not yet decided what to do about this.
Although the Republicans have determined to deny President Obama any credit for increasing the number of Americans covered by insurance, it seems that they do intend to keep at least the basic idea of medical insurance available for everyone.