Discussion reply: The Cost of Full Repeal of the Affordable Care Act

Discussion module 2 post
Reflection and effects of repeal/replace ACA
Committee for a Responsible Federal Budget states According to our latest estimates, repealing the Affordable Care Act (ACA) in its entirety would cost roughly $350 billion through 2027 under conventional scoring and $150 billion using dynamic scoring. Repealing just ACAs coverage provisions would save $1.55 trillion through 2027 ($1.75 trillion on a dynamic basis). (2020). While repealing the ACA may seem costly but, it could save more in the long run. Legislators are being reelected or elected for government based off these agendas. ACA is mainly supported by the democratic party and vice versa. If a Republican party is elected and holds house majority then they will likely repeal and replace. It is said that repealing the ACA will also provide some economic growth. The Democratic government will continue with the ACA and raise taxes to provide the insurance needed through Medicare and Medicaid.
Congress Decisions Impacting Medicaid and Medicare
More than 20 million Americans who previously were uninsured gained coverage from 2010 to 2017. (Rovner, Juile.2018). More Americans being covered under insurance can improve the health of individuals in the community. It also effects the hospital systems treating insured patients, allowing them to receive the payment for treatments rendered. Whatever congresss decisions will be on what to do about ACA will affect American citizens and Medicaid/Medicare one way or another. One by many people loosing insurance or taxes and penalties being decreased.
References
Committee for a Responsible Federal Budget. (2020). The Cost of Full Repeal of the Affordable Care Act. Retrieved on September 14, 2020 from https://www.crfb.org/papers/cost-full-repeal-affordablecaract
Rovner, Julie. (2018). Health new from the NRP. 5 Ways Nixing The Affordable Care Act Could Upend U.S. Health System. Retrieved on September 15, 2020 from https://www.npr.org/sections/health-shots/2018/12/20/678395984/5-ways-nixing-the-affordable-care-act-could-upend-the-entire-u-s-health-system

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