Affordable Care Act (Important Update) – Roy Cunningham M.S Healthcare Administration

UPDATE: 3/7/2017 On the Affordable Care Act via New York Times.

Individual mandate: REPEAL.

Employer mandate: REPEAL.

Subsidies for out of pocket expenses: REPEAL.

Premiums subsides: CHANGE, distributed by age instead of income.

Medicaid expansion: CHANGE, states keep Medicaid expansion and allows to get federal funding until 2020. Cap federal funding per enrollee based on spending by each state in the fiscal year 2016

Health saving account: CHANGE, allows individuals to put more money into their HSA. $6,550 individual, $13,100 family.

Dependent Cover until 26: KEEP.

Pre-existing conditions policy: KEEP.

Essential health benefits: KEEP.

Prohibition on annual and lifetime limits: KEEP.

(Park, & Sanger-katz, NYTimes, 2017)

Reference

Park, H., & Sanger-katz, M. (2017, March 06). The Parts of Obamacare Republicans Will Keep, Change or Discard. Retrieved March 07, 2017, from https://www.nytimes.com/interactive/2017/03/06/us/politics/republican-obamacare-replacement.ht

As this situation develops there will be additional information!