The future of Healthcare under President Trump

The election has ended, and a new President and new Congress will take office in January. Among the most heated issues during the campaign season was the Affordable Care Act, also known as Obamacare.

The law, which was signed in 2010, has faced mixed reviews since its inception, from both politicians and the public. (update: one of Trump’s first executive orders was to repeal ObamaCare)


Will Obamacare be repealed?

Both President-elect Trump and Majority Leader McConnell have said that repealing and replacing Obamacare is a must for the new presidency and administration and put it on the 100 days of Trump priorities.
In an interview with CBS’s “60 Minutes” after the election, Trump repeated his intention to replace the Affordable Care Act.

“We’re going to repeal it and replace it,” he said. Though he said his new plan would offer “great health care for much less money,” he did not outline a replacement plan. And yes, today were taken the first steps to repealing ObamaCare.


What would replace Obamacare?

It is not entirely clear what has Trump made up but some of his intentions are on his website and campaign trail. Obamacare probably will be replaced with some form of tax-free health savings accounts.
Account funds will probably be available for use by any family member and will probably accumulate over time and can be transferred, tax-free, to all heirs.
So we are waiting to see what will President Trump do to our healthcare system.
Tell us what you think in the comments below.

Leave a Reply

Your email address will not be published. Required fields are marked *