As the new Administration is settling in, it seems the language of “repealing and replacing” Obamacare is becoming gentler and softer. A “rescue” and “repair effort may more accurately describe how the system will be handled, especially since the deadline of January 27, 2017 for repeal legislation has quickly come and gone. Additionally, it seems as though a replacement system may be more difficult to find. Many senators have claimed they will not vote to repeal the program unless they are able to see a clear picture of what will replace the Affordable Care Act.
Repeal or Rescue…What do these semantics mean to you and me?
We probably will not experience much of a change during 2017. While the republicans continue to draft healthcare system proposals, we can more than likely expect for the healthcare system to remain “business as usual”. How can we be so sure? Recently Trump and Republicans indicated they wanted to keep key provisions such as:
- Guaranteed coverage for pre-existing conditions
- Allowing children to stay on parent health plans until the age of 26
- Subsidies or possibly a tax reduction to help pay for it
- An incentive instead of a penalty or fine to make you want to get health insurance.
While I’m sure there will be changes, its a long way off yet and I can’t help but think of the old saying….
If it looks like a duck and it quacks like a duck……..its a duck!
It is important to note, there are no official plans on the table to replace Obamacare. Also, keep in mind, it will be extremely difficult to take a system away from the 20 million people who received health insurance due to the Affordable Care Act.
For more details and commentary, please explore these articles: