What Is The Effects Of The Patient Protection Affordable Care Act?

747 WordsJul 22, 20173 Pages
The American Health Care Act of 2017 is the US congress bill passed to repeal the Patient Protection Affordable Care Act release by the House of Republicans on March 6, 2017. The ACA was one of the leading reform of the healthcare industry in USA which was enacted by 111th congress under President Barack Obama in 2010. The major reason behind the AHCA bill of 2017 is to repeal the parts of Obamacare in vicinity of federal budget including individual mandates, employer mandates and various other taxes with further modifications in Medicaid. After the release of bill on 3/6/2017, Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT), conducting their analysis directing the House Committee towards Ways and Means and Energy…show more content…
It will also permit states to be able to opt out of certain provisions of ACA and so on. Furthermore, on June 22, 2017, a draft amending the new version of AHCA was released for discussion with a new given title as Better Care Reconciliation Act of 2017 (BCRA). Amazingly CBO & JCT, came up with their analysis showing the estimates of direct spending and revenue effects of this act stating that it will slightly decrease the number of uninsured people and a net reduction of $321 billions in the deficit over the period of 2017-2026. (6) A new draft of amendment to BCRA was released on July 19th, 2017 with a new title Obamacare Repeal Reconciliation Act of 2017. CBO & JCT, analyzing the enactment of this legislation would decrease the federal deficits by $473 billion over the period of 10 years but will also increase the the number of uninsured people up to 32 millions with average premiums almost doubling by 2026. The same day on Wednesday President Trump again ordered senators for making a
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