Progressive advocate Ruth Thompson warns how much Iowans have to lose if “Obamacare” is repealed. -promoted by desmoinesdem
With the new Administration and Republican led congress, The Affordable Care Act (ACA) is in peril. Republican leadership plans to use the Budget Reconciliation process to repeal at least parts of the ACA. They are expected to hold a vote in January that may include language to do just that. If this doesn’t happen in January, it will almost certainly happen by September, 2017.
The nonpartisan Urban Institute estimates that the partial repeal of the ACA would cause almost 70 million people Americans to lose health insurance. In 2016, 55,089 Iowans enrolled in health insurance coverage for 2016. US Census data show that the uninsured rate in Iowa in 2015 was 5 percent as compared to 9.3 percent in 2010.
In 2016, of the Iowans who signed up through the Health Care marketplace, 85 percent of them were eligible for an average tax credit of $303 per month and 70 percent could obtain coverage for $100 or less.
As to the impact to employers, the Kaiser Family Foundation reports that employer-sponsored health plans grew just 3.4 percent in 2016, extending a period of unusually slow growth since 2010. The White House Council of Economic Advisers reports that the average family premium in Iowa was $3,500 lower in 2016 than they would be if premiums had grown at the same rate as the pre-ACA decade.