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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Obamacare repealed, as Trump said?
WASHINGTON President Trump has prematurely declared "Obamacare" dead and displayed a misunderstanding of where the money comes from to make the health law work.
A look at his remarks Wednesday about the tax plan he will soon sign into law and its effect on President Obama's health insurance overhaul:
Trump claim: "Obamacare has been repealed in this bill."
The facts: It hasn't. The tax plan does end fines for people who don't carry health insurance, which is a big change, yes, but far from totally dismantling the law.
Mr. Trump said at a meeting with his Cabinet, "When the individual mandate is being repealed, that means Obamacare is being repealed," adding, "We will come up with something much better."
Other marquee components of Obama's law remain, such as the Medicaid expansion serving low-income adults, protections that shield people with pre-existing medical conditions from being denied coverage or charged higher premiums, income-based subsidies for consumers buying individual health insurance policies, the requirement that insurers cover "essential" health benefits, and the mandate that larger employers provide coverage to their workers or face fines.
Also, the tax bill doesn't repeal fines for uninsured individuals until the start of 2019, meaning the "individual mandate" is still in force for next year unless the administration acts to waive the penalties.
More: https://www.cbsnews.com/news/did-trump-repeal-obamacare-fact-checking-new-tax-bill-aca-individual-mandate/
loyalsister
(13,390 posts)But, the rest of it has little chance of staying in place if the risk pool shrinks.
Premiums will skyrocket and it's possible congress will repeal other aspects of the ACA bit by bit in order to rescue the insurance industry.
My cynical side interprets it as pretty much dead without the mandate, but there are probably numerous alternate possibilities beyond my knowledge.
Rhiannon12866
(205,237 posts)And I figured that others here may have been confused, too, so I decided to post an accurate explanation. Thanks for adding the implications. *sigh*
loyalsister
(13,390 posts)The ACA only works with buy-in. The individual mandate was and is unpopular. But it is necessary if a significant number of people are going to be covered. He is correct in his belief that fewer people will buy and the spirit behind the law will be deflated.
This has nothing to do with his patterns of lying. Eliminating the mandate was in the bill for a reason. It is a rare thing for politicians to cross insurance. They see dismantling Obamacare as the greater good.
still_one
(92,150 posts)worthless life depended on it.
However, it is definitely under attack, and if we do not take back Congress in 2018, there is a good chance it will be
still_one
(92,150 posts)BigmanPigman
(51,584 posts)young adults (up to 26 years old) can be on their parents' insurance and people with pre-existing conditions can still get insurance. Prices will skyrocket for everyone. Employers will take it out of your pay or you won't get that expected raise.
still_one
(92,150 posts)can take back congress in 2018
still_one
(92,150 posts)last chance to prevent the ACA from collapsing when the mandate is removed