Killing Obamacare? Not so easy after all…
During the campaign, reality TV celebrity Donald Trump promised to “repeal and replace Obamacare.” then, he started hedging:
[A]fter his win, President-elect Trump said he hoped to preserve two of the most popular [Obamacare] features: allowing children to stay on their parents’ plans until age 26, and forbidding insurance companies from denying coverage to people with pre-existing conditions.
The latter element is popular even with Republican lawmakers who have attempted on scores of occasions to repeal Obama’s landmark health reform. Trump told the television newsmagazine “60 Minutes” it was “very much something we’re going to try and keep.”
And it’s not going to get easier for The Donald:
[A]nalysts say keeping those features will be difficult if not impossible if Trump’s reform abolishes another key part of Obamacare, the so-called “individual mandate.” That is the requirement that Americans carry health coverage regardless of whether they are sick or healthy.
To cover the cost of providing coverage for sicker patients, health insurers depend on the revenue they get from the healthy enrollees that Obamacare required to buy in.
If that requirement is eliminated, “that’s basically going to cause a death spiral,” Sandy Ahn, a research professor at Georgetown’s Health Policy Institute, told AFP.
As insurers lose income from departing healthy consumers, they will raise premiums, putting coverage out of reach for many.
“The health care markets will look like they did before the Affordable Care Act,” said Ahn.
In fact, problems getting enough healthy young people to sign up for insurance has already contributed to rising premiums. The administration late last month announced that costs will jump by an average of 25 percent next year.
And what will his supporters think whan Trump weasels out of one of his loudest campaign promises?
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Copyright 2016 Liberaland
6 responses to Killing Obamacare? Not so easy after all…
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anothertoothpick November 21st, 2016 at 11:10
Article;
the so-called “individual mandate.” That is the requirement that Americans carry health coverage regardless of whether they are sick or healthy.
Hey I got an idea, why not put everybody medicare?
Ohhhhhh……forget it. I forgot the repubs are in charge for a moment there.
mistlesuede November 21st, 2016 at 12:24
And Ryan already has bills ready to kill Medicare with privatization and vouchers.
Foundryman November 21st, 2016 at 12:46
They’ll probably replace Obamacare with something that looks and does exactly what Obamacare does, they’ll just call it Trumpcare. More and more they show they are simply offended by the fact that Obama adopted their smear attempt by calling it Obamacare.
Obama said from the beginning that ACA was based out of the republican handbook.
Then again, I hope they do try to throw 20 million people off of their insurance and try to live with that in two years.
robert November 21st, 2016 at 13:15
According to Paul Ryan he already has a replacement but the speaker has yet to reveal it’s content.
We are not worthy until the time is right
Ned Nutley November 21st, 2016 at 15:44
If they mess with the ACA and Medicare and SS, they will have another repeat of the elections of 06 and 08.
amersham1046 November 21st, 2016 at 17:27
Health insurers, have one aim, not to provide coverage but to make money, only the bottom line counts