Obamacare Trumpcare Explained
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<p>House speaker, Paul Ryon, and other Republicans falsely accused Democrats of rushing the Affordable Care Act through Congress.</p><p>In a display of breaktaking hypocrisy, House Republicans without holding any hearing or giving the Congressional Budget Office time to do an analysis passed a bill that would strap at least 24 million Americans of health insurance.</p><p>Obamacare: The nonpartisan Congressional Budget Office (CBO) estimated that if the ACA continues to be the law of the land, the number of uninsured Americans currently 28 million would remain stable for the next decade.<br />Trumpcare: The CBO did not have time to predict the potential effects of the latest version of the American Health Care Act (AHCA).</p><p><br />In an analysis of an earlier version of the bill, the office found that a total of 54 million could be uninsured by 2026 if the AHCA becomes law. It's estimated that 22 million would lose medical insurance if Obamacare were repealed. Provisions of the law make care accessible to those who had previously been shut out. The uninsured rate has dropped by 5% since the programme began.</p><p>Obamacare: All Americans must have health insurance or pay a tax penalty.<br />Trumpcare: The AHCA repeals the mandate, but those who go without health insurance for more than 63days must pay a 30 per cent surcharge on their insurance premiums for a year.<br />Obamacare: Companies with more than 50 employees are required to provide health insurance or pay a penalty.</p><p>Trumpcare: The AHCA repeals the employer mandate.<br />Obamacare: To Pay for the new system, the ACA raised Medicare taxes on those with incomes above $250,000. It also imposed new taxes on making of medical devices, health insurers, drug companies, investment income, tanning salons and high-end health insurance plans. The legislation gave some tax credits to middle-income earners to
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