Call Us Call Us, We Can Help! (847) 430-3342
Auto Insurance AUTO Read More
Homeowners Insurance HOME Read More
Health Insurance HEALTH Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Other Insurance OTHER Read More

As predicted in our blog post from a few weeks ago, the republican effort to repeal the Affordable Care Act (ACA) with no replacement has failed to pass.  This comes with a great sigh of relief for many Americans who depended on the ACA for health coverage.  However, even with this recent clarification the biggest question remains: what’s next?

Reports from CNBC suggest that congress will probably try to move forward with a bipartisan solution.  There are two of them currently being mulled over; one belongs to the house and the other to the senate.  The house’s plan involves making economic tweaks (such as a “stability fund”) to attempt to secure reasonable premiums. The senate’s solution is to organize panels for discussion and hopefully gather enough information to make a solid decision.

 Trying to reach a bipartisan consensus on health care in the United States seems like a smart move.  The problem with the current proposals is that they both are rooted in short term-ism.  Neither is likely to keep the ACA stable and functional past 2018, especially with an executive branch that is very hostile to the system.  Only time will tell if congress will be able to find a solution that satisfies both parties, and most importantly the American people. As always, Faller Insurance will continue to provide updates. 

Posted 12:52 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
LinkedIn
Google+
RSS
© Copyright. All rights reserved.
Powered by Insurance Website Builder