A new report from the CBO predicts that uninsured American numbers will rise under President Trump. The Congressional Budget Office (CBO) recently released a report predicting that Trump’s health care policies will be to the detriment of the Affordable Care Act’s success. Despite the GOP’s efforts to overturn the ACA, the Trump Administration’s policies will foster rising premiums and falling enrollment in individual health insurance markets in 2018. The report suggested that the President Donald Trump’s strategy is causing direct harm to health care. Trump had said that his strategy…
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What could the GOP health care repeal do to California consumers?
If the U.S. Senate chooses not to block the bill or to significantly revise it, many Californians stand to lose coverage. Should the GOP health care repeal of the Affordable Care Act make its way through the U.S. Senate in its current state, many Californian consumers risk losing their insurance. There are an estimated 5 million California residents whose coverage was purchased through Obamacare. The House of Representatives passed the legislation to repeal the Affordable Care Act last Thursday. Both California and officials from the health industry as a whole…
Read MoreTrumpcare could cost millions of Americans their health insurance plans
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…
Read MoreWill 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…
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