Health care law changes would reduce tax credits

Olive Rios
May 19, 2017

He added, "The nation's emergency departments, which already serve as a major safety net in health care, will become even more overcrowded than they now are".

That left some Obamacare customers scratching their heads - figuratively - on Twitter. She said she hoped Republicans signed onto the legislation, and she blamed the Trump administration for trying to undermine the current law to make a case to repeal and replace it.

Not that any Republicans in Congress will care, but the Centers for Disease Control reported Tuesday that the uninsured rate remained at a historic low past year.

As someone who worked closely in the development of the Affordable Care Act, Munoz said it's important to remember how long it took to get some form of universal coverage for Americans. The GOP health care strategy is now clear: It's a $1 trillion "revenue-neutral" tax cut for the rich, "paid for" by a $1 trillion cut to "health care" for millions of Americans.

That's not to say the Obamacare marketplaces aren't struggling.

Before the ACA, high-risk pools really weren't working for the states that had them, according to Sally Pipes, president and CEO of the Pacific Research Institute in San Francisco.

"Aetna just pulled out".

Insurance companies are finalizing their 2018 rates and benefits packages and they are due for review by the Centers for Medicare and Medicaid Services by June 21. This is why I now receive my healthcare through the Obamacare exchanges, though I decline the congressional subsidy. And premiums have been rising across the country.

It may turn out that Obamacare isn't so bad after all. Although a single-payer health care system would increase taxes, it would lower costs across the board, removing premiums, pre-authorizations, calls to your insurance company, in- and out-of-network requirements, coinsurance/copayments and medical bills. Her bill is preventative in case some counties are shut out of the exchange market altogether by the withdrawal of private insurers, she said.

"As a effect in high risk pools, insurance becomes far too expensive for those who need it", said Cheung, who represent hospitals, medical groups and physicians. AHCA aims to decrease and modify premium tax credits by 2020, establish a patient and state stability fund, restructure Medicaid funding, and repeal numerous taxes that were put in place by the Affordable Care Act.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER