By: Lamar Greene
Trump has taken additional steps that affect the ACA, including signing an executive order on healthcare in October. With the executive order, Trump announced that the Federal Government would stop making scheduled payments to insurance companies that help them to lower deductibles for low-income customers. With the Republicans’ healthcare law failing in the Senate, Trump has taken the duty of “saving the American people from the nightmare of Obamacare” into his own hands.
What exactly does all of this mean for the American people? Although some major changes have been made, Obamacare is still in effect and has not been repealed. The executive order can result in higher insurance premiums for recipients of Obamacare and lower insurance premiums for less regulated coverage for those interested in exploring new health insurance options. Roughly 12.7 million people rely on the health insurance marketplaces created by the ACA, and these changes will affect the poor, the sick, women, older Americans, and small business owners the most. These actions go against an underlying principle of the ACA, which is to make health insurance costs cheaper for everyone when they need it by spreading the costs of the sick among the healthy. By allowing less comprehensive plans and ending subsidies, Trump has increased the likelihood that those who are healthy will exit the market which will concentrate costs among sick persons.