With our newly elected president threatening repeal of Obamacare, should you worry that your health insurance could go up in smoke?
November 12, 2016
Donald Trump will be our next president. What exactly does that mean for your health insurance coverage and access to healthcare? It’s a question that has drawn speculation from health policy wonks since the day after Trump’s election – but I’ve also been receiving many of these questions from clients who are curious about whether their coverage will change any time soon.
In truth, nobody can say for sure at this point, since there are still so many moving parts to the law. But we have some educated guesses, based on Trump’s positions and the actions Congress has taken over the last six years with regards to Obamacare.
Here are the best answers we have at the moment for some questions you might have, along with more details about what you can expect in the coming months and years:
Do you still need to buy ACA-compliant coverage?
Q: If Obamacare is going to be repealed, do I need to buy ACA-compliant coverage now?