Health & Medicine

Health Insurance Companies In Dilemma Over Tentative Changes In Obamacare To Be Made By Trump Government

First Posted: Dec 12, 2016 06:19 AM EST

After Donald Trump won the presidential elections, local health care leaders started analyzing how the change in administration is going to affect the financing and delivery of health care services. Many reports are flooding that the CEOs of major health insurance companies are expecting changes in the Affordable Care Act (ACA), but the exact changes that are going to be made, which may help or create problems for the people, remains a matter of debate.

In an interview, Incarnati, CEO of McLaren Health Care, said that "Historically, Republicans have not been generous to health care. (Trump) has said he would repeal the ACA. I think there are good things for providers and bad things."

He also said that the already existing ACA will see major modifications because "The complexity of the bill is remarkable. The administration was allowed great autonomy to write the rules."

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Lassiter, CEO of Henry Ford Health System, also believes that the Congress along with the Trump administration should bring amendments in the ACA and "Obamacare," especially in the exchanges and provisions that affect small businesses, reported Crain's Detroit Business.

The American Cancer Society Cancer Action Network also made a statement, saying that the lawmakers should consider that lives are at stake. The anti-cancer network is worried about the protection for people who are already diagnosed with severe health conditions like cancer. Before the Affordable Care Act came into effect, people diagnosed with cancer were denied insurance coverage. Chris Hansen, President of the society, said that "Replacement health care legislation that accompanies repeal needs to provide recognized patient protections that currently exist."

CNBC reported that the future GOP consideration will repeal the existing health law and the replacement will retain many of the positive things that the Affordable Care Act currently does, such as subsidized coverage and providing health protection to the financially constrained families, but in a less complicated manner and without the infamous "individual mandate" that forces most Americans to have coverage or pay the fines.

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