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How the GOP is changing Obamacare [View all]
Medicaid isn’t the only healthcare program that’s in for an overhaul under the Republican Party’s “one big, beautiful bill.”
The controversial tax and spending package, which passed the House Thursday with the help of pressure from President Trump, also includes several reforms to the Affordable Care Act that are expected to shrink the number of Americans who obtain insurance through the law’s marketplaces.
The legislation would end the option to automatically renew coverage each year and make signing up outside of the normal open enrollment period more difficult, adding red tape that some health experts say could end up blocking Americans from coverage they would otherwise qualify for.
It would also require people to return more money to the government if they receive overpayments on their insurance subsidies. As a result, many Americans could unexpectedly find themselves on the hook for thousands of dollars when they file taxes.
“Each one of the provisions sounds maybe a little wonky or technical,” said Cynthia Cox, director of the Program on the ACA at the healthcare think tank KFF. “But when you put it all together, especially when you think about all the interaction between them, it could make it much harder to sign up for coverage.”
The controversial tax and spending package, which passed the House Thursday with the help of pressure from President Trump, also includes several reforms to the Affordable Care Act that are expected to shrink the number of Americans who obtain insurance through the law’s marketplaces.
The legislation would end the option to automatically renew coverage each year and make signing up outside of the normal open enrollment period more difficult, adding red tape that some health experts say could end up blocking Americans from coverage they would otherwise qualify for.
It would also require people to return more money to the government if they receive overpayments on their insurance subsidies. As a result, many Americans could unexpectedly find themselves on the hook for thousands of dollars when they file taxes.
“Each one of the provisions sounds maybe a little wonky or technical,” said Cynthia Cox, director of the Program on the ACA at the healthcare think tank KFF. “But when you put it all together, especially when you think about all the interaction between them, it could make it much harder to sign up for coverage.”
https://finance.yahoo.com/news/how-the-gop-is-changing-obamacare-161623610.html
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