How Much Will Obamacare Change Under Trump?

Questions galore. How are we supposed to bridge the gap between Obama and Trump, specifically when it comes to healthcare? You might be wondering about matters you shouldn’t have to wonder about: Do you still have to buy health insurance? Will fines be enforced if you don’t? Are there better options out there?

 

What we know for sure: Donald Trump has made it very clear that repealing Obamacare is a top priority. And with Republicans at the helm, it’s a real possibility.

 

To say we live in trying times would be an understatement, and if you’re struggling to understand the future of your health coverage, you know it firsthand.  It’s a bit like standing on the edge of a cliff while wondering if the wind is going to pick up. What you need is a safety net.

 

As it stands now: it’s business as usual. If you qualify, you’ll get tax subsidies. If you want coverage, you have until January 31st to enroll. If you don’t qualify for a subsidy, you may not be able to afford Obamacare. Luckily, Sickness & Accident Plans are a new option. They’re not anywhere near as comprehensive, but some coverage is better than none. Ask us about these affordable choices, and we’ll help you pick the best one under the circumstances. The good news: you do have choices.

 

The Republicans drafted bill HR 3762, which, if passed by a simple majority, would repeal Obamacare, leaving 20 million people without health insurance. It would also repeal tax credits for low and middle-income Americans, end the Affordable Care Act’s Medicaid expansion, and commence a 2-year transition period during which Republicans would (hopefully) consider replacement plans.

 

This summer, they did publish A Better Way, a document outlining the Republican healthcare vision. It promotes proposals that are not new to conservative plans: block-granting Medicaid, promoting the use of Health Savings Accounts (HSAs), and allowing insurance sales across state lines. But none of this has been legislated, and the Senate hasn’t made a sound. Trump has said he is going to “take care of everybody,” but it’s not clear how.

 

The main question: will the Republicans follow through on six years’ worth of calls for a repeal, or will they back down? Which way will the wind blow?

 

Consult us today at BuyHealthInsurance.com. Let’s talk safety nets.