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Obamacare repeal costs: 3 million jobs gone, $1.5 trillion in lost gross state product: CNBC by Dan Mangan—Spending less by getting rid of Obamacare could end up costing a whole lot more. Up to 3 million jobs in the health sector and other areas would be lost if certain key provisions of the Affordable Care Act are repealed by Congress, a new report said Thursday. At the same time, ending those provisions could lead to a whopping $1.5 trillion reduction in gross state product from 2019 through 2023, according to the study. See: Repealing Federal Health Reform: Economic and Employment Consequences for States
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Older Americans at Risk as U.S. Congress Takes Axe to Obamacare: CNBC by Mark Miller—Anyone nearing retirement—or already retired—should pay very close attention to the doings of the 115th Congress that was sworn in this week. Repeal of President Barack Obama's Affordable Care Act tops the agenda for Republicans, who will control the White House as well as both houses of Congress when Donald Trump takes office on Jan. 20.
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Doctors Group Warns Against Loss of Coverage From Obamacare Repeal: The Hill by Peter Sullivan—The American Medical Association wrote a letter to congressional leaders on Tuesday calling for the gains in coverage from ObamaCare, which has expanded insurance to 20 million people, to be preserved.
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A Bipartisan Reason to Save Obamacare: New York Times by Tina Rosenberg—The ACA is more than insurance. As the Times reported Monday, the law is leading a transformation of America’s health care system. It’s a change that nearly everyone, Republicans and Democrats, agrees is desperately needed—and for it to happen, the relevant parts of the ACA must be preserved. The transformation moves health care away from a fee-for-service model, which pays doctors and hospitals according to the number of procedures they do, toward value-based care, which pays based on what helps patients get better.
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Bundled Payments Work, Study Finds, But HHS Nominee No Fan: Kaiser Health News by Rachel Bluth—A recent change in the way Medicare pays for joint replacements is saving millions of dollars annually—and could save billions—without impacting patient care, a new study has found. But the man Donald Trump has picked to be the secretary of Health and Human Services has vocally opposed the new mandatory payment program and is likely to revoke it.