New Republican proposals would greatly reduce the aid many Americans currently receive through the Affordable Care Act. Millions of people receiving private health insurance plans through the Affordable Care Act could lose them with so-called Trumpcare. The House Republicans proposed replacement legislation that could be problematic for many people covered through the ACA. This struggle could be particularly challenging for Americans in their 50s and 60s. People in their 50s and 60s do not yet qualify for Medicare. That said, under the proposed Trumpcare legislation, Americans within those age groups…
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Will Trump health care system lower your premiums?
Despite the intention to sell health insurance across state lines, many don’t forecast dropping rates. President Donald Trump spoke before Congress for the first time and reaffirmed his intention for a new Trump health care system. Among the primary changes to the Affordable Care Act (Obamacare) would be the ability for health insurance companies to sell policies across state lines. That said, many analysts are doubtful that this change to the law will reduce health insurance premiums. The actual details of a future Trump health care reform still have yet…
Read MoreWill health insurance exchanges crumble under Obamacare repeal?
According to a number of industry experts and analysts, the marketplaces may just survive. In under a handful of days into the start of 2017, the Republicans made it clear that the repeal of the Affordable Care Act and its health insurance exchanges would be among the first moves of the year. Some predictions have stated that health insurance companies will start withdrawing from the marketplaces. The concern is that the instability brought by the Affordable Care Act repeal could make the health insurance exchanges too much of a risk…
Read MoreWill the Trump health care strategy terminate Obamacare?
The president-elect has repeatedly said the repeal of the Affordable Care Act would be among his first acts. If the campaign promises are to be believed, the Trump health care strategy’s implementation will be one of the first steps taken once the president-elect is sworn in. Over the last few months, Donald Trump has stated that he would repeal and replace the Affordable Care Act. As Americans shop for coverage on the 2017 insurance exchanges, many wonder what will happen next. During a debate in October, Trump said “Obamacare is…
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