Insurers want to keep these Obamacare provisions in place

Insurers want to keep these Obamacare provisions in place(Photo: Getty Images)The proverbial clock is ticking. Once Donald Trump becomes president in January, it seems a matter of when, not if, the Affordable Care Act, America’s health law of the land, will be repealed or significantly amended.One of the key talking points of Trump’s campaign, and of the Republican Party in general, is the idea of repealing and replacing the landmark ACA, which President Obama signed into law in 2010 and was appropriately nicknamed “Obamacare.” A clear pathway to amending or repealing the law has been elusive until now. With a Republican as president, and both houses of Congress staying Republican in the November elections, a repeal is a real possibility. Even if the Senate can’t muster enough votes to completely repeal Obamacare, a simple majority could lead to major changes that strip out many of its core components.For health insurance providers, the likely demise of Obamacare brings mixed emotions.On one hand, most insurers aren’t going to miss the hefty losses brought about by participating on individual ACA marketplace exchanges.

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Insurers want to keep these Obamacare provisions in place

Insurers want to keep these Obamacare provisions in place(Photo: Getty Images)The proverbial clock is ticking. Once Donald Trump becomes president in January, it seems a matter of when, not if, the Affordable Care Act, America’s health law of the land, will be repealed or significantly amended.One of the key talking points of Trump’s campaign, and of the Republican Party in general, is the idea of repealing and replacing the landmark ACA, which President Obama signed into law in 2010 and was appropriately nicknamed “Obamacare.” A clear pathway to amending or repealing the law has been elusive until now. With a Republican as president, and both houses of Congress staying Republican in the November elections, a repeal is a real possibility. Even if the Senate can’t muster enough votes to completely repeal Obamacare, a simple majority could lead to major changes that strip out many of its core components.For health insurance providers, the likely demise of Obamacare brings mixed emotions.On one hand, most insurers aren’t going to miss the hefty losses brought about by participating on individual ACA marketplace exchanges.

Read More >