Affordable Care Act Executive Orders
As you have probably heard by now, President Trump signed an executive order Friday, January 20th regarding the Affordable Care Act. While the executive order was very general, it certainly has been the subject of a lot of discussion in the various political and media outlets.
Amidst the speculations regarding the President and the new administration's plan for the future of the ACA, it's important to keep an eye on Congress, who will ultimately craft the reconciliation and replacement bill. House Speaker Paul Ryan recently stated "We want to make sure there is an orderly transition so the rug is not pulled out from under families".
Since it took over four years to implement the ACA, which now insures over 20 million people, it most likely will not be unraveled and replaced in a matter of months. Whatever change may come, we remain optimistic that the new administration will improve upon lessons learned from the ACA and we believe that these changes, if they happen, will take time rather than take effect overnight.
We will do our best to keep you all informed on any new developments. In fact, Plan IV will be present this year at the annual legislative conference for the National Association of Health Underwriters, from February 13-15 in Washington, D.C. Garrett Simonis will be our representative and will be using this as an opportunity to present meaningful solutions to our national policymakers to improve the cost of health insurance and reduce the burdens placed on businesses and individuals across the United States.
As Congress deliberates the future of health reform and the Affordable Care Act (ACA), we feel it is extremely important that our representatives in Washington, D.C., hear what is going on with you and your employees. Our representatives on Capitol Hill need to hear a common-sense perspective from the employers’ point of view as well as market-based solutions. This conference will include meetings on Capitol Hill with senators, representatives and their staff and we are happy to pass along any thoughts about health reform you may have. Please contact Garrett at garrett@planiv.com to share your message.
Congress is on the verge of implementing sweeping changes to the healthcare system this year that will greatly impact us all in many different ways across the country. We believe that our voices truly do make a difference in shaping the changes coming to healthcare reform.
Please feel free to reach out to us with any questions you may have regarding the future of Health Insurance.
