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Uncertain Future for Obamacare

November 12, 2024 (1 min read)

Big Changes Ahead for Obamacare?

During his campaign President-elect Donald J. Trump said he had the “concepts of a plan” to replace the Affordable Care Act, which he attempted to kill in his first term. But with Republicans likely to control both the U.S. House and Senate next year, Trump will have another opportunity to transform the 2010 healthcare law. And that could be as simple as just doing nothing.

Major subsidies approved during the Biden administration that reduce the cost of ACA health plans are scheduled to expire in 2025. Allowing them to sunset could impact roughly 20 million Americans who obtain their health insurance through Affordable Care Act marketplaces and force 3.4 million people to lose their coverage. (NEW YORK TIMES)

—Compiled by SNCJ Managing Editor KOREY CLARK

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