Why You Should Care About the Uncertain Status of Obamacare
Enrollment is down and the Affordable Care Act’s legality is being challenged. Here’s how it could affect you.
Enrollment has declined slightly in Affordable Care Act health insurance plans.
The program, also known as Obamacare, is also under legal attack in a case that now appears headed to the U.S. Supreme Court.
If you receive health insurance through your employer or some other program, why should you care what happens to the Affordable Care Act?
Beyond the problems it might create for your fellow citizens, there could be ripple effects that eventually reach your premium payments or the quality of care you receive.
Here’s a look at the current challenges facing Obamacare and how they could affect you.
The enrollment game
According to numbers released shortly after the federal enrollment deadline of December 15, about 8.5 million people have selected 2019 plans through the ACA website.
Nearly 6.5 million people had renewals while more than 2 million signed up for new policies.
The initial enrollment figures were about 400,000 less than the number of people who signed up through the ACA website for the 2018 program.
Those numbers aren’t final. There are still state-run programs that have deadlines lasting until late January.
There’s also the policies that are automatically renewed for people who had ACA plans last year and didn’t opt out for this year.
When it was all said and done last year, 11.8 million people had enrolled in 2018 ACA health plans. That was slightly less than the 12.2 million in 2017.
These figures also don’t include the 12 million people who have health insurance under the expanded state Medicaid programs allowed by the ACA law.
Every year since it passed, President Barack Obama has made a video to encourage people to sign up under the federal healthcare exchange.
The former president continues to push for people to enroll in the healthcare program that carries his name.
This year, his message was straightforward: Sign up to get health insurance for as little as $50 to $100 a month.
“That’s probably less than your cell phone bill,” Obama said.
President Donald Trump and other Republicans leaders have tried to undo the Affordable Care Act (ACA), at times calling it a failure.