Can Obamacare survive without Obama there to prop it up?

ㅤ”Obama oversaw three open enrollment seasons. During that time he made numerous administrative moves to ensure Obamacare’s success, such as delaying the end of open enrollment several times, creating special enrollment periods for people to sign up outside of the designated timeframe, and propping up smaller insurers called co-ops. He allowed people to sign up for plans that did not comply with Obamacare’s mandates and authorized insurer funds known as cost-sharing reduction subsidies, a move that a federal judge ruled illegal because they weren’t appropriated by Congress.
ㅤObama’s departure, and subsequent arrival of an administration not as interested in the law’s success, leaves open the question of whether Obamacare can succeed without a massive lift from the White House.
ㅤThe law struggled despite Obama’s actions. A sicker-than-expected risk pool caused by not enough younger and healthier people signing up contributed to hundreds of millions of dollars in losses for most insurers in the exchanges, leading to exits and price increases for 2017.”

Story at The Washington Examiner, image from townhall(.com) — aca, donald trump, insurance payments, insurance rates, insurer payments, insurer subsidies, obamacare, potus, president, repeal and replace, subsidy payments, open enrollment — Go here to reblog this post (browser only).

CBO: Obamacare stabilization plan would have little effect on premiums, insurance rates

ㅤ”The bipartisan Senate bill that would help to stabilize Obamacare is estimated to reduce the federal deficit by $3.8 billion from 2018 to 2027 but would not significantly reduce the number of people who are uninsured or affect the price of premiums, according to a report released Wednesday by the Congressional Budget Office and the Joint Committee on Taxation.”

Story at The Washington Examiner, image from homehealthcarenews(.com). #aca #alexander-murray #cbo #congressional budget office #insurance payments #insurance rates #insurer payments #insurer subsidies #lamar alexander #obamacare #patty murray #repeal and replace #subsidy payments #senate — Visit the post page to like, share or reply to this post.