As President Trump took office in Jan 2017, replacing the then current Obamacare was high on Trump's list. Although America offers access to the best healthcare in the world, it can do better with the imperfect system. Proponents of Obamacare are quick to point out the following failures of Obamacare (Also known as the Affordable Care Act).
1: Jonathan Gruber, the guy dubbed the “Obamacare architect” was caught on tape admitting that Obamacare doesn’t provide subsidies for federally-run insurance exchanges. The video surfaced in which Gruber said that “the stupidity of the American voter” made it important for him and Democrats to hide Obamacare’s true costs from the public.
2: Nearly 2 million Americans have dropped out of Obamacare in 2017.
3: Skyrocketing deductibles including some states that had a over 100% increase.
4: US health care costs surged to an astonshing 17 % of GDP under Obamacare.
5: Many doctors bailing out. Surveys have predicted that physicians' anger over Obamacare, over regulations, over declining reimbursement would drive them out.
6: Insurance companies bailing out due to losing money.
7: Substantial increases in insurance premiums.
8: Americans paying special IRS taxes just to escape Obamacare
9: Full time job loss because companies are reducing full time workers to part time hours to avoid being forced to pay for Obamacare.
10: 70% of US counties have only 1 or 2 insurers on Obamacare Exchanges
11: Named "Lie of The Year" as a broken promise of being able to "keep your doctor."
12: Too many people on Obamacare are waiting too long to get health care treatments. Like most all countries with government controlled socialized medicine, patients wait so long for the medical care needed that the disease gets them before the doctor does.
13. Obamacare burdened an estimated 300 million Americans in order to ensure 17 million other Americans received coverage.
14: Yes it is true more than 17 million Americans are covered by Obamacare but that number is disputed. And it is argued that some of these insured do not really need the free coverage. Instead of spending money on cigarettes, gambling, drugs, alcohol, expensive sneakers, the latest and greatest smart phones and other non necessity items, they should be spending it on basic affordable catastrophic health insurance. Buying healthcare should be the top priority over any non necessity item. Or instead of thousands of people unreporting or under-reporting their cash only income, they should spend that non taxed cash savings and put it towards their own healthcare.
*UPDATE: The National Institutes of Health (NIH), a part of the U.S. Department of Health and Human Services and America's largest medical research agency now has a budget of $37 billion under Trump, a historic high in actual dollars.
1/20/17: Trump issued an executive order to start rolling back Obamacare. It stressed that agencies can "waive, defer, grant exemptions from or delay implementation of any provision or requirement" of Obamacare that imposes a burden "to the maximum extent permitted by law." It orders agencies to “waive, defer, grant exemptions from, or delay the implementation of any provision or requirement” of ObamaCare that imposes a “fiscal burden on any State or a cost, fee, tax, penalty, or regulatory burden on individuals, families, healthcare providers, health insurers, patients, recipients of healthcare services, purchasers of health insurance, or makers of medical devices, products, or medications.”. This is a start in the right direction. Clearly many Americans were hurt with all of the Obamacare mandates.
5/4/17: House Republicans passed a bill to repeal and replace Obamacare.
7/27/17: President Trump's push to repeal and replace Obamacare took a major blow. The Senate voted down the GOP's best shot at repealing parts of Obamacare, thanks in large part to Sen. John McCain, R-Ariz., who was one of three Republicans to vote against it. "No" votes from McCain and Sens. Susan Collins of Maine and Lisa Murkowski of Alaska were enough to sink the bill, but McCain's vote was easily the most surprising to senators in both parties.
10/12/17: After the US Senate voted down the chance to repeal the failing Obamacare, President Trump took actions into his own hands. He took his first steps toward fulfilling his vow to dismantle Obamacare, signing an executive order that he said will bring affordable health insurance to millions more people. The executive order included
A: Sales of cheaper polices
B: It cut off federal subsidies to insurance companies
C: Called on other federal agencies to consider expanding coverage in low-cost, short-term insurance plans not subject to ObamaCare rules.
D: Allows coverage to be sold across state lines.
Trump described the executive order as “the first steps to providing millions of Americans with Obama Care relief.” Trump also tweeted about his executive order stating “Very proud of my Executive Order which will allow greatly expanded access and far lower costs for HealthCare. Millions of people benefit!”
5/31/18: Donald Trump signed into law a bill named, Right to Try Act of 2017, that would allow those with gravely ill patients to try experimental treatments and bypass the U.S. Food and Drug Administration.
8/1/18: Trump admininstration rolls out cheaper, short-term health plans with coverage gaps. President Trump, who has promised to lower the cost of health care, said the new offerings will increase competition and offer more flexible options for Americans who don’t want to pay the high premiums associated with the plans provided on the federal exchanges.