The Transformation Of “Obamacare”. Republicans Have Long

1495 Words6 Pages
The Transformation of “Obamacare”
Republicans have long bemoaned the passing of the Affordable Care Act (ACA), or as they lovingly refer to it; Obamacare. Tensions between supporters of the ACA and Republican dissenters reached a frenzied peak during the 2016 election cycle with the majority of Republican candidates strongly against the bill. With the election of Donald Trump as the President of the United States along with a Republican majority Congress, the prognosis for the ACA looks bleak. According to Sean Spicer, the White House Press Secretary, President Trump signed an executive order January 20th 2017 to ease the transition from Obamacare to a new standard plan. The current stance of the administration is one of “repeal and
…show more content…
The ACA also introduced certain incentives for applying for insurance such as subsidies as well as mandates that penalized those who refused health insurance with a tax. However, for those individuals who would see at least 8% of their income go towards insurance, are exempt from the penalty. The law requires insurance providers to accept any applicants and prohibits discrimination from preexisting conditions or sex. It also requires that insurers provide all patients with ten essential health benefits. Provisions also prevent insurers from subjecting preventive care and vaccinations and to co-payments. Annual and lifetime coverage caps on the aforementioned essential benefits were also banned by the ACA. The Centre for Disease Control reported a steep drop from 16% to 8.9% in individuals lacking health insurance from 2010 to 2016. States that chose to expand Medicaid had roughly a 7% uninsured rate compared to those that did not expand. Despite the positive effect of the ACA, it is not without its demerits, Conservatives in particular took offense at the increase in both taxes and insurance premiums needed to expand coverage to those with prior conditions as well as benefits. Several new taxes help provide funding for Obamacare such as those on pharmaceutical sales, as well as the higher income bracket. Thus there is opposition with the fact that the wealthy are in part subsidizing insurance for the poor.
Although it
Open Document