It appears the Affordable Care Act is to be repealed as the first order of business by Congress, which resumes on Tuesday after the Christmas break.
The Affordable Care Act more commonly known as Obamacare, is arguably President Obama’s greatest achievement. Some are seeing its repeal as a slap in the face.
It was signed in 2010 with speeches from the vice president and Obama himself.
On the day President Obama said, “Today, after almost a century of trying, today after over a year of debate, today, after all the votes have been tallied, health insurance reform becomes law in the United States of America.”
Republicans have been eager to repeal the bill ever since it passed. Trump has indicated this won’t be an issue once he takes office in a few weeks. He said, “We will repeal the disaster known as Obamacare and create new health care, all sorts of reforms that work for you and your family.”
In practice, Obamacare will be around even after it is repealed as no plan for its replacement has been put on the table. The new plan will have to cover the millions of people who have insurance due to the law.
The new plan is concerning insurance companies and health care analysts. Dr Kavita Patel, who helped to create the Affordable Care Act said, “I don’t see how you talk to any [insurance] carrier and give them any desire to hang around to see what they replace it with.
“Why would you stick around for that?”
Her concern is shared by many. America’s Health Insurance Plans have written to lawmakers requesting them to keep financial aspects of the Affordable Care Act. The American Academy of Actuaries has warned that scrapping Obamacare without a replacement would be dangerous to the insurance industry.
Nonetheless, Republicans are expected to move ahead with the vote this week.