As we enter into the annual Thanksgiving break, there is much to be thankful for. Most lists will include giving thanks for family, friends, and employment. And almost 1.5 million people may be adding the continued presence of the Affordable Care Act (ACA) to their lists.
At least that appears to be the case based on the first two weeks of the open enrollment period in which nearly 1.5 million people have applied for healthcare insurance </span through Healthcare.gov. According to the U.S. Centers for Medicare and Medicaid (CMS), that is more people than signed up last year. About 345,000 of those signing up are new obtaining insurance through the healthcare marketplace.
According to Reuters, the Congressional Budget Office has forecast that 11 million people will buy plans in 2018, 1 million more than were enrolled in 2017.
Of course, you wouldn’t expect many Republicans in Congress or President Trump to have the ACA on their lists of things for which to be thankful. Despite public sentiment to the contrary, they continue to seek ways to undermine the healthcare law. The most recent effort has some Republicans in the U.S. Senate adding repeal of the ACA’s individual mandate to a tax reform bill currently under consideration.
In the meantime, the Bipartisan Health Care Stabilization Act, which would extend Cost Sharing Reduction (CSR) payments to insurance companies and provide states greater flexibility in addressing their healthcare challenges, continues to be considered in the Senate while the health insurance marketplace, despite rising insurance premiums, seems to be stabilizing.
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