On the issue of health care in the United States, America remains divided over the fate of Obamacare — and Republicans on Capitol Hill are still searching for a consensus on how to phase out the law once it is repealed.
Vice president-elect Mike Pence, meanwhile, has called it the top priority. For eight years, the GOP has campaigned on promises to shred the law’s contents and come up with a better plan. President-elect Donald Trump said it would be something they started on “day one” of his presidency.
Trump has cited runaway costs, websites that don’t work, greater rationing of care, higher premiums, less competition and fewer choices for American families.
The Affordable Care Act has had its fair share of fair share of unintended consequences, but an estimated 20 million Americans still have coverage under the law and hospitals are set to receive $155 billion of federal funding through a portion of a law that they see as helping communities.
That makes as wholesale repeal of the law all but implausible.
TRUMP’S PROPOSALS
On the campaign trail, Trump parroted proposals given by other Republican leaders, which would attempt to cut insurance premiums through a series tax cuts and an effort to deregulated healthcare markets. Studies have shown that his plan would lower insurance premiums across the board while leaving 18 million Americans uninsured.
Furthermore, he has said the Trump Administration will reduce government costs and simplify our tax returns through a series of conservative measures:
– A promise to allow insurance companies to sell plans across state lines, as long as they comply with requirements of the individual states.
– Use a system of block grants to pay for Medicaid within states, rather than having the U.S. government pays the states a percentage of costs.
– Grant the right for individual ownership of Health Savings Accounts (HSAs), tax free.
– Allow individuals to fully deduct the cost of health insurance premiums on their tax returns.
– “Make sure that no one slips through the cracks simply because they cannot afford insurance” and “review basic options for Medicaid and work with states,” although no specifics have been given on how this would be accomplished.
– Require “price transparency” from all healthcare providers, though no specifics have been given.
– Grant individuals the right to import drugs from other countries.