Wednesday, 7 December 2016

Wonkbook: How repealing Obamacare would punish the working class

By Max Ehrenfreund The number of people without health insurance could more than double under Republican plans to repeal President Obama's Affordable Care Act, reaching nearly 59 million — or more than one in four Americans, according to a new analysis published Wednesday. The figures illustrate the challenges for newly empowered Republicans who, having won …
 
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MIAMI, FL - DECEMBER 15:  Alberto Abin walks out of the UniVista Insurance company office after shopping for a health plan under the Affordable Care Act, also known as Obamacare, on December 15, 2015 in Miami, Florida. Today, is the deadline to sign up for a plan under the Affordable Care Act for people that want to be insured on January 1, 2016.  (Photo by Joe Raedle/Getty Images)

Alberto Abin leaves the UniVista Insurance office after shopping for a health plan under the Affordable Care Act in Miami. (Joe Raedle/Getty Images)

By Max Ehrenfreund

The number of people without health insurance could more than double under Republican plans to repeal President Obama's Affordable Care Act, reaching nearly 59 million — or more than one in four Americans, according to a new analysis published Wednesday.

The figures illustrate the challenges for newly empowered Republicans who, having won the presidential election after pledging to ease the financial burdens on the American working class, must work out the details of how they will deliver on their promises. About four in five of those who would become uninsured following repeal do not have a college degree, the report, from the Health Policy Center at the nonpartisan Urban Institute, projects. Two-thirds live in a household with at least one person working full time.

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The ACA, also known as Obamacare, provides subsidies to help subscribers afford the cost of individual policies. The law also required all Americans, with a few exceptions, to have insurance.

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Without the subsidies or the requirement that all Americans have coverage, experts say the healthiest customers would cease buying insurance if they do not have policies through their employers or through the government. As a result, insurers would be forced to increase premiums to cover the cost of treating those sicker patients who remain. Many would find they could no longer afford coverage.

Read the rest on Wonkblog.


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