Post-election Future of Obamacare
What does it mean for you?
After the inauguration, one of the first actions that Presidentelect Donald Trump has promised is to repeal and replace the Affordable Care Act, (ACA). So what's in store after the inauguration and how will it affect you?
Here are some of the things we do know now to give you a feel for what may lie ahead.
ACA is still the law. Until the ACAis repealed or amended, mandatedhealth insurance is still required.
Timing. The process of making changes with the Affordable Care Act is expected to begin in January. But any replacements or amended provisions will take at least a year or more to fully implement.
Some things will stay. Mr. Trump has stated throughout the campaign and
post-election period that he would like to keep certain components of
the ACA, including dependent coverage to age 26 and guaranteed coverage
even for those with pre-existing conditions. He, along with
Congressional leaders, have also assured the public that there would be
no gaps in coverage. If the ACA is repealed, your insurance coverage
will continue until a new plan is in place. Here at Your Health
Insurance Shop we are keeping a close watch on any changes and will be
sure to let you know when they occur. We will always have updates on our
website and will share news with you in future newsletters. Visit
www.benefitsnetwork.biz for the latest updates.
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