It has been commonly known that there has been a case against the Patient Protection and Affordable Care Act. On March 25, the US Department of Justice sided with the Texas Public Policy Foundation to repeal the Affordable Care Act. The main resolution that has come from this lawsuit is that without the individual mandate penalty, the ACA no longer has any constitutional basis, therefore is invalid.
Since President Trump has been in office, he has proposed various changes to the health care law with the goal to bring the costs that come with health care down. Costs such as premiums, deductibles and drug copays have been the administration’s priority, but the end goal has been to repeal the Affordable Care Act altogether. Here is what has happened since President Trump has been in office:
At the moment, the ACA is still in effect so there is no way to know for sure what will happen should the ACA be fully repealed. According to the New York Times, millions of people will lose necessary and affordable health coverage. It is said that Americans with pre-existing conditions will lose protection.
Others predict that should the ACA dissolve, health care coverage will improve quickly because the federal government is no longer involved. it is then up to the states to take over the insurance marketplaces as well as Medicaid. Insurance companies would then offer a variety of plans. This would then theoretically decrease cost, increase choice and provide easier access to care.
If you have questions or are confused about what you will be liable for.Book a meeting with an agent.The goal is to lower your potential cost as low as possible while still receiving great medical care when you need it and give you peace of mind.
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