Guest opinion: Don't repeal ACA without a replacement
Dec 30 2016 by Kathy Alvarado
He told The Gazette that legislation to repeal the ACA will come early next year, but that it may take two to three years to end the healthcare program, which Republicans plan to replace with something else, although what that would be is only being conveyed in broad brushstrokes.
Cox said that due to what is likely to be a lengthy process of replacing the ACA, people who are enrolling or are now enrolled are "more than likely" to keep their coverage for the next year.
A record 6.4 million consumers have bought insurance on healthcare.gov during the current open enrollment period through December 19, including more than 2 million new customers, according to the U.S. Department of Health and Human Services.
Are you telling me that the health insurance companies are going to let Trump and the Republicans kill their revenue stream?
This is important, because in principle you could provide insurance coverage to everyone while spending practically nothing if you were willing to make the insurance totally worthless.
Tom Price, Trump's pick to head health-care efforts, has already mapped out his priorities for undoing the benefits rules. You could say that's a health insurance plan - just a really bad one.
Ironically, the Medicare changes under discussion could transform that program into something that looks more like the Affordable Care Act, a program that supplies a defined set of benefits and would offer subsidies for participants to purchase health care directly from insurance companies. Almost 20 million Americans have health insurance because of the ACA, according to the Department of Health and Human Services.
Connecticut Senator Chris Murphy today slammed Republican plans to quickly vote to repeal the Affordable Care Act.
Ujjain: Cash strapped ATMs, banks continue to pose problems
Now it seems likely that this will take longer and cash withdrawal limits will remain in place early next year as well. A senior official at Bank of India said, "We have instructions from the RBI to divert available currency to the ATM".
A recent report by the U.S. Department of Health and Human Services noted the uninsured rate in CT has fallen 34 percent since Obamacare was enacted in 2010, and that millions of state residents who have insurance through their employer, the private market or Medicaid and Medicare have benefited from the law's protections.
Wilensky said that as an economist, getting rid of the tax exclusion for employer-provided health insurance would put her "and all the other economists in seventh heaven".
So what happens if the guaranteed-issue provision is maintained while the mandate to buy insurance is not? They will near certainly drive down the cost of insurance, but it's important to keep in mind: These are not the same plans now offered under Obamacare.
CBO says, in this memo, that it's not going to consider these things to be the same: It won't count a plan that doesn't really insure against the high cost of medical bills as health insurance.
It is also worth noting that since the ACA went into effect, millions of Americans have been able to access health insurance coverage - and hence, quality health care - for the first time.
My family was spared financial ruin because we were lucky enough to have insurance.
Regardless of these positive benefits, ACA has encountered a backlash among some consumers because of high premiums, high out-of-pocket costs and narrow provider networks in now available plans.
We don't quite know yet. Orrin Hatch, have floated proposals but have yet to coalesce around a singular plan.