What Does Trump’s 6 Point Health Care Plan Actually Mean for the Industry?
Healthcare Reform
President Elect, Donald Trump, posted an updated transition plan for his Healthcare Reform on the website www.greatagain.gov. The website outlines his concerns with the Affordable Care Act (ACA); going on to describe rapidly rising premiums and deductibles along with shrinking networks and health insurance.
“A Trump Administration will work with Congress to repeal the ACA and replace it with a solution that includes Health Savings Accounts (HSAs), and returns the historic role in regulating health insurance to the States” It reads. “The Administration’s goal will be to create a patient-centered healthcare system that promotes choice, quality and affordability of health insurance and healthcare, and take any needed action to alleviate the burdens imposed on American families and businesses by the law.”
The post outlines six main bullets that Trump plans focus on during his reform.
Healthcare was a significant point of disagreement throughout the election, and even now, the industry is filled with uncertainty for the future.
What have we seen so far?
In reality, we won’t be able to see the true effects of the election until after implementation of the policies, most likely in early 2018. What we have been able to see are the initial reactions of Trump’s people and groups.
After a recent post-election poll, which indicated healthcare is the most important aspect for Trump in his
On March 23, 2010, Obamacare, also know as the Affordable Care Act was signed into law. Many were hopeful that it would be a positive impact on the American health system. However, as time passed it became apparent that people either loved the new bill or despised it. Therefore, the first thing current United States President Donald Trump did after being sworn into office was issue an executive order to repeal Obamacare. Although the repeal and replacement of Obamacare is meant to improve health care across the nation, it will likely destroy the economy, and leave millions without insurance.
During the current election, healthcare reform has been a rousing topic that has raised a lot of support for the candidates and also concern for their future plans. For healthcare administrators, this is important so they can strategically start planning for the election results because the effects on healthcare will be major and will not be able to happen overnight. Hillary Clinton plans to simply modify the Affordable Care Act and add a public option; while on the other hand, Donald Trump wants to abolish the Affordable Care Act entirely and replace it with a health savings account and a high deductible and high premium driven system (HDHP). Both of these possibilities affect healthcare and the iron triangle, but they affect the triangle in different ways, which is important for healthcare administrators to prepare for.
The fate of the wall is unknown as of now. Additionally, Trump passed a ban on Muslims through an immigration act designed to protect the US from terrorism from groups like ISIS. This was ruled by multiple courts as being unconstitutional. The fate of this act is also in the air.
Repeal the ACA and introduce several new policies – According to the Congressional budget office (CBO), Trump’s plan will increase the number of net uninsured individuals by 21 million. One of the merits of the plan is it will allow insurance firms to sell across states. Though the plan might reduce costs but it would double the number of people without insurance
Since the beginning of his presidential campaign and now, as the President of the United States, one of Donald Trump’s leading issues has been health care reforms. Contrary to former President, Barack Obama’s vision, President Trump is against the sanctions put into place by the Affordable Care Act. Hence, while rallying for support throughout the country from voters, he made it known that if elected, he would abolish Obamacare. Now, 100 days into his presidency, this is still one of the many hot debatable issues on the table. While there has been no clear decisive plan implement or decided upon to replace the ACA, there has been a proposal by two republican senators that could serve as an alternate. The Patient Care Act, also known
During his presidential announcement speech, Trump’s presented his ideas on how he will bring the American back to life since the American dream is dead in his perspective. Among all the claims he expresses his thoughts on Obamacare, also known as the Affordable Care Act. He affirms “We have a disaster called the big lie: Obamacare. Obamacare." and admits that indeed Obamacare will really kick in 2016. Trump plans on repealing and replacing Obamacare. He plans on granting better health insurance to everyone at an inexpensive cost for the people and for the government. Trump exaggerates the cost to persuade his Republican audience into believing of Obamacare as a catastrophe, however, he fails to backup the data he presents not to mention that the data is wrong.
The Patient Protection and Affordable Care Act (PPACA), issued in 2010 by Former U.S. President Barack Obama, has caused such a controversy due to its way of reforming today’s healthcare system. Although, the Affordable Care Act has so far been the most important piece of health care legislation passed ever since the Social Security Act of 1965, which established medicaid to the elderly. In recent events in U.S. politics of 2017, our newly elected Republican President Donald J. Trump and the majority of Republicans plan to overthrow and replace the Affordable Care Act, also known as Obamacare, with a more “affordable” way to gain health insurance named “the American Health Care Act”(AHCA). However, they have not realized that modifying the
One of President Trump's campaign main goal that could have been the determining factor in his election this last November, was to revoke Obamacare and fully substitute it with a Republican version. This version nicknamed “Trumpcare” would supposedly offer insurance for everyone at a much lower price, but as we saw in the first draft of President
The Affordable Care Act which was known as ACA or “Obamacare.” was signed into law by President Barack Obama in March 23, 2010. The Affordable Care Act is the greatest renovation of the United States health-care system, and provide coverage for over 94% of Americans. The main key reforms
On March 23, 2010 President Barack Obama introduced a new healthcare system because various Congress representatives and Obama believed our country needed a change. This new healthcare system was called the Affordable Care Act (ACA), better known as Obamacare. It is now 2016, and it is time for more changes. With a new president coming into office, Donald Trump, we can expect changes to Obamacare or an entirely new healthcare system altogether. Obamacare is costing Americans more than it was intended to (Galen Institute). This essay will explain why Obamacare needs to be improved and how to improve this healthcare system. Obamacare has two types of supporters. The first type of supporters believe there is nothing that can be done to make this healthcare system better, while the second type think there should be changes to reinforce this health care system. Opponents believe Obamacare needs to be changed or ended altogether because they claim it is not helping the American citizens. Going forward, Trump should make changes to Obamacare in order to make it stronger instead of scrapping it altogether.
President Obama signed the Affordable Care Act on March 23, 2010. This law puts in place widespread health insurance reforms that expanded out over the last 4 years and continues to change the lives of many Americans today. Health care reform has been an extensively debated topic for multiple years, and the ACA is the first effective attempt at passing a law aiming to make health care not only affordable, but accessible for all individuals. The law impacts many Americans including, children, employers, government programs which includes federal and state, health plans and private insurers, health care coverage, health care cost, and the quality of care received. The main goal of the law is to expand health care coverage, broaden Medicaid eligibility, minimize and regulate health care cost, and improve the health care delivery system. In order to improve the health care delivery there have been new consumer protections established and an increase access to affordable care.
Universal Healthcare in the United States has been a long time journey that dates back decades and we, as a country, are far behind other developed countries who have had universal healthcare for a long time. Today, Healthcare is obtained through employers or by people paying for it by themselves, which is incredibly expensive due to high premiums. Five years have passed since the controversial Obama care, or Affordable Care Act, was signed into law on March 23, 2010. The Affordable Care Act aimed at fixing the many problems that the United States has with healthcare by making it available to everyone, but also more efficient and this required drastic changes that made some people happy while others unhappy since some are benefiting while others are not. These people include politicians, but foremost presidential candidates. Candidate’s stance on the issue of healthcare is truly important due to the fact that if they’re the next president of the United States, it could hurt or improve the health care reform. Noteworthy candidates are: Jeb Bush, Hillary Clinton, Marco Rubio, and Bernie Sanders. Republicans and Democrats have long debated whether or not the Affordable Care Act should be repealed or replaced. Republicans believe that it is a problem while Democrats support it. The Affordable Care Act should not be replaced but instead improved because it provides quality and affordable health care to Americans. Everyone gets sick and people shouldn’t be afraid of receiving help
The most radical reform made in the United States of America in the past 45 years has been the Patient Protection and Affordable Care Act (ACA). The ACA was signed into law by President Obama on March 23, 2010 ("Key Features of the Affordable Care Act"). The purpose of the ACA is to redesign companies within the insurance industry in the United States, mandate everyone in the country to have health insurance, expand public insurances while private insurances subsidize, introduce newer taxes, and transform the country’s largest health insurance, Medicare. As the country slowly integrates itself to this new health care act, people feel they must come to a decision of joining the ACA or finding another way to be covered by insurance.
U.S. health care reform is currently one of the most heavily discussed topics in health discourse and politics. After former President Clinton’s failed attempt at health care reform in the mid-1990s, the Bush administration showed no serious efforts at achieving universal health coverage for the millions of uninsured Americans. With Barack Obama as the current U.S. President, health care reform is once again a top priority. President Obama has made a promise to “provide affordable, comprehensive, and portable health coverage for all Americans…” by the end of his first term (Barackobama.com). The heated debate between the two major political parties over health care reform revolves around how to pay for it and more importantly, whether it
After one of the most grueling presidential races in American history, the populous candidate Donald Trump has been elected by the American people as our next president. While campaigning, one of the first things that Trump vowed to accomplish in office was to repeal and replace the Affordable Care Act (donaldjtrump.com). Trump should have no trouble doing this with the support of both the Republican senate and the Republican House. The consequences of what exactly will be done is a constantly argued topic and the phrase “repeal and replace Obamacare” has become a sort of buzzword in the media.