Friday Five - July 21, 2017
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In this week’s Friday Five, MAXIMUS is tracking the anticipated impact of repealing the Affordable Care Act without a detailed plan to replace it and historical information about why the United States doesn’t have a single-payer healthcare system.
Two additional Republican Senators announced their lack of support for the Better Care Reconciliation Act on Monday. Now, attempts to pass a repeal-only bill are on the table. Becker’s Hospital Review reports that despite support for that effort in 2015, it is unlikely to pass this year due to the destabilizing effect it would have on insurance markets.
A CBS News article states that if Republicans repeal the Affordable Care Act without an immediate replacement, it’s expected that insurance markets would become more unstable, premiums would rise immediately, and tax credits and funding for Medicaid expansion would disappear within two years.
This opinion piece from the Commonwealth Fund recommends that a bipartisan solution for healthcare needs focus foremost on the individual health insurance market, with longer-term plans for employer-sponsored coverage and Medicaid considered separately; use existing programs; stabilize and ensure coverage in every state; leave the individual mandate in place; and adapt the tax credits and deductions offered.
With the backdrop of the contentious healthcare debate in Washington, Quartz examines the historical and economic factors that shaped the current US healthcare system — and why it is fundamentally different from the universal model favored by all other industrialized nations.
This Modern Healthcare piece shares the Congressional Budget Office estimate that repealing the Affordable Care Act without replacing it would cause 32 million to lose their health coverage by 2026, and 17 million to become uninsured next year.