Whoa nelly. I went there.
If you haven’t been following, the ACA, the law that provides health care coverage and protections for millions of Americans, was invalidated by a judge in Texas late last year. But last week, the Justice Department said they now have the position that the entire law, not just the individual mandate, should be scrapped.
This is a big deal. This could affect, at a minimum, 21 million Americans.
This could mean the end of:
- Provisions that eliminate denying coverage to people with pre-existing conditions
- The federal subsidies that help cover the cost of insurance for those that can’t afford it but fall above the poverty line (“marketplace subsidies”)
- Medicaid (low-income health care) expansion that covers 12 million Americans below 150% of the poverty line
- Health care coverage for children whose families are above the federal poverty line but still cannot afford or find coverage through the Children’s Health Insurance Program
- Access to opioid addiction treatment for low-income Americans
- Ability to cover your adult child up til the age of 26 on your health insurance
On average, the subsidies covered $525 of a $612 monthly premium for customers in the 39 states that use the federal marketplace, HealthCare.gov, according to a new report from the Department of Health and Human Services. If the marketplaces and subsidies go away, a comprehensive health plan would become unaffordable for most of those people and many of them would become uninsured.
Are you affected by this? I know I am. I get a $274/month subsidy for my health insurance which pays for my $3000/month drug and am personally uninsurable without the pre-existing conditions coverage.
How are you feeling? Hopeful still? Scared? Smug because you’re not an American?
Can the Americans just collectively cry over in a corner?