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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy the Affordable Care Act is in real trouble this time
Yahoo Finance
In the leadup to this months election, House Speaker Mike Johnson promised that Republicans would make massive changes to the Affordable Care Act if they won a government sweep.
With a trifecta now in hand, the party will soon have its chance to make good on that vow.
So far, GOP leaders have been vague about what exactly they might do. During his debate with Vice President Kamala Harris, President-elect Donald Trump notoriously said he had only concepts of a plan for how to deal with the health care law, which his party failed to repeal and replace after a grueling, months-long effort during his first term in office.
But theres at least one key reason to think that this time will turn out differently: A major expansion of the Affordable Care Acts insurance subsidies passed by the Biden administration is currently set to expire after 2025, which will lead to large premium and deductible increases for many Americans who get their health coverage through the programs exchanges.
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https://finance.yahoo.com/news/why-the-affordable-care-act-is-in-real-trouble-this-time-140058363.html
bucolic_frolic
(46,979 posts)Maybe they can raise enough revenue to give billionaires some large tax cuts!!
The Madcap
(374 posts)is that I was hoping to use it as a bridge to Medicare so I could bail on the workforce a couple of years early. I really despise these fools. May it harm them even worse than me.
No Vested Interest
(5,196 posts)snot
(10,702 posts)While I had to rely on the ACA, my health care costs were more than twice what they'd been while on a company plan. I'm on Medicare now, and it's better; but the insurer unilaterally eliminates prescription drugs from coverage at will, and costs for drugs and other health care have skyrocketed.