Obamacare continues for now, but repeal would jeopardize 40,000 in Hawaii
The state eventually shut down the
Now President-elect
"We have to be worried about how they'll get health insurance," said state Rep.
On Friday, Trump moderated his earlier hard line against Obamacare, saying in an interview with the
Thousands at risk
Abolishing the law could mean thousands of
"The transition to a new national administration is just beginning, and it is far too early in the process to speculate on potential changes to the Affordable Care Act," said
When asked if the public should continue to enroll in Obamacare, an Ige spokeswoman said, "It's business as usual." The open enrollment period for 2017 started on
"Nobody expected this (a potential repeal of the ACA). Wiping it out completely would have bad effects," said state Rep.
Most
"So a pullback in Obamacare, because
When asked if the state is preparing or looking at alternatives for Obamacare enrollees, an Ige spokeswoman said there are "no discussions yet, as it is too premature to tell what will happen."
"We have to wait and see exactly what that repeal looks like, which means the law that is operative right now is the ACA as it has been enacted," Belatti said. "People should continue to enroll, and people should continue to get heath insurance if they don't have it because it's something that protects them."
Future unknown
Obamacare penalizes taxpayers who don't have health care coverage. The current penalty, charged on your federal tax return, is
"Right now we do not know a lot of details about what future policies might be. A repeal could result in coverage and financing changes, but the magnitude would depend," said
A repeal of Obamacare would mean more change for the health insurance industry, which has just gone through years of adapting to the new law.
"The entire health-care industry has been through seismic changes in a quest to provide more affordable, more accessible high-quality health care to more Americans. The journey has not been an easy one," said
Costs upsetting
Health insurers complained about the cost to their businesses, while consumers were angered by soaring premium rates imposed by health plans trying to recoup the losses from the newly insured.
"I do not receive an ACA supplement. This premium takes 15 percent of my annual income as self-employed, not enough for ACA assistance, and too much for the self-employed," she said. "I'm frustrated with the
Micronesian impact
An added issue for
"The real impact to watch out for are in the
The state also received federal funds under Obamacare to expand
"There will be less money for subsidies for individuals and then less money for the expanded
___
(c)2016 The Honolulu Star-Advertiser
Visit The Honolulu Star-Advertiser at www.staradvertiser.com
Distributed by Tribune Content Agency, LLC.
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News