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President-elect Trump means angst for 'Obamacare' consumers
Technology
Published in 11-11-2016
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WASHINGTON (AP) Donald Trump's election ushers in a time of high anxiety for people with health insurance under President Barack Obama's law, which expanded coverage to millions but has struggled to find widespread public acceptance. While Congress labors, look for the Trump administration to use its regulatory powers to make changes. Voters "don't want Washington to fix Obamacare, they want to make health care affordable," said House Ways and Means Chairman Kevin Brady, R-Texas, whose committee oversees much of health care. Most directly hit would be some 10 million who like LePore have private coverage through the law's subsidized markets, and about 9 million covered under its Medicaid expansion. Another 5 million to 9 million people who buy individual policies outside the health law markets are exposed to its ups and downs. "Obamacare's" requirement that individuals get insurance or face fines doesn't stand a chance, but other provisions would likely survive in a replacement bill. House Speaker Paul Ryan has proposed tax credits to help people buy health insurance. Republicans and Democrats may also be able to find common ground on dealing with the health law's Medicaid expansion, which a number of GOP-led states have adopted. While Congress labors away, expect the Trump administration to take administrative and regulatory actions to chip away at his predecessor's signature law, or reshape it. Obama and the Democrats have paid a political price for trying to fix the problems of the uninsured and having some of those fixes generate their own complications.
Reference: www.chron.com