Affordable Care Act Repeal And Replace: The Process Is More Complicated Than Presumed
Feb 09, 2017 08:09 AM EST
The Affordable Care Act repeal and replace has been one of the major issues that the GOP administration is trying to address but getting rid of Obamacare won't be that easy. To repeal the Affordable Care Act proved to be a daunting task specially if it's to be done as soon as possible.
According to KHN, conservative Republicans are criticizing Congress for being less hasty in the Affordable Care Act repeal and replace process. The delay is currently costing health insurance companies since the state of the Obamacare's repeal is still murky.
Representative Mark Meadows explained that every month that passes adds bigger problems for health insurance companies in figuring out how the repeal and replace process plays out. Other health insurance companies are even threatening to stop covering for individuals until the issue is less unstable. Representative Jim Jordan is concerned about the delay stating that health care will get "better" and will "cost less" once the Affordable Care Act is repealed.
Jordan attributed the biggest problem of the issue, and that's "waiting." "That's not what we told the voters.", Jordan added. However, merely getting rid of Obamacare won't solve the issue without replacing it. Insurance companies warned that repealing Obamacare without a replacement could be chaotic for the insurance market. Senator Mike Lee explained that if they come up with a replacement to the Affordable Care Act, then it might be harder for them to pass both the repeal bill and its replacement.
Even President Donald Trump himself admitted that the efforts to change the health law could take as long as next year. Meanwhile, the recent Obamacare debate between senators Ted Cruz and Bernie Sanders had quite an impact on viewers. According to CNBC, the heated debate managed to pinpoint a big factor in American health care which is apparently, "the expense." Statistics reveal that a whopping 64 percent of all health care expense goes to just 10 percent of Americans.
This 10 percent is made up of the most sickly people of America who are considered as the "costliest patients." Representative Lee still blames Obamacare for all the troubles that the health care market is currently facing. The Affordable Care Act repeal and replace process might be too big an issue for them to remedy in a short span of time.