Trump's Healthcare Repeal Could Mean Big Changes for Students
Will President Donald Trump’s plan to repeal and replace the Affordable Care Act, also known as Obamacare, change how young people can get insurance? The answer to the question millions of college students may be asking is full of uncertainty.
As of now, everyone under 26 can stay under their family plan and college students have the option of signing up for school insurance. Also, Medicaid coverage is available for most students at little to no cost. But if the GOP’s plan comes to fruition, these options may be altered.
With so much focus on a travel ban that has been placed on seven Middle Eastern countries, Republicans have shifted their focus away from the appeal. However, many Americans are waiting for Republicans to announce what exactly is President Trumps’ current plan to replace Obamacare.
In a November interview with the Wall Street Journal, Trump said he would consider keeping parts of the Affordable Care Act. Trump told WSJ that he “very much” liked the ability for those under 26 to be under their parents insurance.
Rep. Cathy McMorris Rodgers, R-Wa., said that the Republican Party will be sure “our sons and daughters can stay on their parents’ health insurance until they’re 26.”
It remains to be seen if a full repeal and replace will actually happen. Republicans have talked about a complete repeal during the campaign trail, and Trump has promised on his website that “On day one of the Trump Administration, we will ask Congress to immediately deliver a full repeal of Obamacare.”
These plans are seemingly being pushed back as republicans in the Senate are now describing a slower breakdown.
“We’re looking at fixing this mess a brick at a time. Piece by piece. Taking our time to get it right.” said Rep. Greg Walden, R-Or., the chairman of the House Energy and Commerce Committee.
On Trump’s campaign website, he offered what was his plan for healthcare. Trump promised to modify current law that stops vendors from offering health insurance across multiple states and allow people to deduct health insurance premiums from their tax returns.
The plan also states individuals will be allowed to use what he calls Health Savings Accounts. HSAs are apart of a individuals’ estate, so it can be passed down. Trump believes that these accounts will be highly attractive for young adults due to longevity.