The future of the Affordable Care Act, also known as ‘Obamacare’, hangs in the balance with a new executive administration taking power.
Promises to completely repeal the massive legislation still ring fresh from the recent presidential campaign. However, president elect, Trump, has indicated his administration will consider keeping some portions of ACA. Specifically, a requirement that insurers cover pre-existing conditions, and an allowance for children up to age 26 to remain on their parents’ health plans, are being reconsidered.
One portion of the legislation that may be rescinded is the individual mandate, which requires most citizens to have health insurance.
Possible replacement legislation may include allowing insurers to sell across state lines, and turning over federal control of Medicaid, solely to the individual states.
Fewer choices may be available in ACA exchanges, since many insurers have pulled out in the past year due to recent losses because of the increased number of unhealthy applicants added to the exchange.
Meanwhile, the Affordable Care Act remains in force. Deadlines for ACA coverage next year are upcoming. KMZU’s Elizabeth Orosco recently spoke with Kevin Counihan, CEO of Healthcare.gov, a website that provides information about ACA coverage and signups.