As news comes out of Washington, DC about repealing the Affordable Care Act, Enroll365 wants to help makes sense of what is really going on.
As noted here (http://www.beckershospitalreview.com/hospital-management-administration/trump-s-executive-order-on-the-aca-5-things-to-know.html) the only definitive action taken to date was the signing of an executive order meant to, “Minimize the Economic Burden of the Patient Protection and affordable care act Pending repeal.”
This executive order is primarily meant to put the economic levers in place to defund the ACA.
However, it is clear that fully
repealing the Affordable Care Act
is not something either side wants to take on,
as the political fallout is far too great of a risk.
Change is inevitable, but what changes we see, and how they will affect the current model, remains in a wait and see mode as we monitor the goings on in DC.
Areas that specifically will be monitored include:
In regards to pre-existing conditions, there seems to be consensus that this must remain in place, although there is some talk of the creation of risk pools to keep the burden of high risk patients out of the general pool. Also key will be the maintaining of insurance, without any lapses in coverage.
2) Individual mandate.
Most conversations seem to point to the elimination of the individual mandate and replacing it with incentives to maintain health insurance for the young. There will further likely be more options available; Major Medical insurance being one possibility.
The executive ordered President Trump signed puts in place the potential to expand Medicaid waivers, giving states more flexibility in implementing the law.
Enroll365 will be monitoring all activities associated with the ACA and any changes that occur.
All the best,
The Enroll365 Team.