If the Obamacare reform program is replaced, what you will and will not lose

Obama's medical reform has many benefits, most people don't know. The negative information of Americans on the Patient Protection and Affordable Care Act is 15 times positive. Therefore, most people don’t know the truth about Obama’s medical reform. The main purpose of ACA is to reduce healthcare costs in the United States. In 2010, Congressional leaders realized that the costs of health insurance, Medicaid, and employee health benefits are engulfing the federal budget. They agreed that reforming health care is a priority.

President Donald Trump’s change of Obama’s health care reform plan may lead to rising medical costs. This is why:

ACA makes medical insurance affordable by providing subsidies. Trump detained compensation for some insurance companies. This forced many of them to increase their premiums by 20%. Obamacare reforms emphasize preventive care. Trump canceled the authorization to purchase insurance. He also made it easier for states to cancel Medicaid. Many people do not get insurance and do not receive preventive care. Their untreated illnesses will escalate and require expensive emergency room care. The hospital passed these costs on to everyone.

ACA legislation has improved the way in which health care itself is implemented. Trump did not change this.

The three strategies of Obama's healthcare reform mean more people can be treated before they need expensive emergency room care. Some of Trump's policies offset this. Why is it so critical? The cost of a day of hospitalization is between $2,000 and $20,000. Most people think that their insurance pays most of the cost. Some people may not be prepared to pay a high deductible. But before ACA, they may also be hit by another bill. Many people find that the ceiling of their plans is very low. They are responsible for any costs beyond this standard. This is one of the top reasons why healthcare has become bankrupt.

Once the patient declares bankruptcy, the hospital has to declare any loss of unpaid treatment. In order to make up for the profits, they pass this cost on to others. Obamacare has reduced the number of bankruptcy applications. In 2010, 1.5 million people applied. By 2016, this figure has fallen to 770,846. ACA compulsory insurance companies pay all fees by canceling annual and lifetime limits. This reduces the catastrophic cost of personal accidents.

Between 1990 and 2008, medical expenditure increased by 7.2% annually. After the opening of the exchange in 2014, medical expenditures grew even more slowly. In 2014, it increased by 5.3% and in 2015 it increased by 5.8%. This is how it works. In 2018, a health affairs study found that after the expansion of the Medicaid program, the number of prescriptions for diabetes drugs increased by 40%. There has been no increase in states that have not expanded Medicaid. A study by the Centers for Disease Control and Prevention found that each treated diabetic patient saved $6,394 in hospitalization costs.


Lower healthcare costs are one of the reasons why ACA can reduce its deficit by $143 billion in its first 10 years. If medical expenses are lower, then medical insurance and Medicaid are also the same. Obamacare has also shifted the cost burden to healthcare providers and pharmaceutical companies. Last but not least, it raises taxes on those who earn at least $200,000 a year. Under the care of Trump, these taxes will be abolished. Abolishing Obama's medical reform will increase debt.


Make insurance affordable

Here are more details on how ACA makes insurance more affordable. ACA provides insurance tax credits for the middle class, with their income below 400% of the poverty line. In 2017, the out-of-pocket cost of the personal plan was limited to $7,150, and the out-of-pocket cost of the family plan was limited to $14,300. It extends Medicaid to 138% of federal poverty levels and provides this coverage to adults without children for the first time. Trump Care canceled its expansion by 2020.

In 2014, states were asked to establish an insurance exchange or use a federal government exchange to facilitate the purchase of insurance plans. You can use them to compare prices and buy health insurance online. You can also compare doctors, hospitals and other suppliers in your area. They also provide local face-to-face or telephone assistance to apply for insurance. Make sure you know how to get Obama's health care reform. Enrollment begins on November 1st every year.

In 2010, parents were allowed to increase their children under the age of 26 in their plans. By adding the premiums of these relatively healthy people to the insurance company's income, this reduces the cost of others. Trump Care retains this popular feature.

ACA eliminated the “Doughnut Cave” section of Medicare by 2020. This benefit has gradually emerged over time. In 2016, seniors enjoyed a 55% discount on prescription drugs and a 42% discount on generic drugs. This amount has been increasing until they paid only 25% in 2010.
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