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Beachnutt

(8,089 posts)
Sun Nov 17, 2024, 05:13 PM Sunday

Why the Affordable Care Act is in real trouble this time

Yahoo Finance
In the leadup to this month’s 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 there’s at least one key reason to think that this time will turn out differently: A major expansion of the Affordable Care Act’s 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 program’s exchanges.
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https://finance.yahoo.com/news/why-the-affordable-care-act-is-in-real-trouble-this-time-140058363.html

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Why the Affordable Care Act is in real trouble this time (Original Post) Beachnutt Sunday OP
They'll do everything. Kick 25% off entirely, raise premiums and deductibles, cut care bucolic_frolic Sunday #1
What really irks me The Madcap Sunday #2
I'll expect some Repubs will push back on repeal; higher consumer costs are likely. No Vested Interest Sunday #3
Maybe this will set the stage for real reform after Trump's out. snot Sunday #4
Good issue to carry into mid-terms, if they make it worse. Silent Type Sunday #5

bucolic_frolic

(46,979 posts)
1. They'll do everything. Kick 25% off entirely, raise premiums and deductibles, cut care
Sun Nov 17, 2024, 05:24 PM
Sunday

Maybe they can raise enough revenue to give billionaires some large tax cuts!!

The Madcap

(374 posts)
2. What really irks me
Sun Nov 17, 2024, 05:32 PM
Sunday

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.

snot

(10,702 posts)
4. Maybe this will set the stage for real reform after Trump's out.
Sun Nov 17, 2024, 06:12 PM
Sunday

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.

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