Written by Shannon Wolfe.
On the morning of Jan. 12, the Senate voted 51-48 to repeal Obamacare — otherwise known as the Affordable Care Act.
This doesn’t mean that the healthcare act is suddenly gone, but it does mean some changes will be taking place soon. Here’s what you need to know as a student and a U.S. citizen.
A big concern for the Republicans in the Senate who voted to repeal is how they will do so without “disrupting the lives of the roughly 20 million people insured because of that law, including 6.4 million Americans insured through ACA exchanges,” according to npr.org.
Not only will it leave millions uninsured, but it could possibly “leave people with pre-existing medical conditions unable to find coverage and increase the nation’s budget deficit by $353 billion over the next 10 years as the tax and fee provisions that pay for Obamacare are gutted,” according to USAToday.
Some people will be happy to see Obamacare go.
“Under Obamacare, nearly all Americans have to obtain insurance or pay a penalty, which this year hit $695 per adult or 2.5 percent of household income, whichever is greater,” according to CNN. “This mandate would be lifted by repeal.”
Npr informed that there will need to be major edits and repeals made, or a new plan installed in its place.
“It will be repeal and replace,” said President Donald Trump. “It will be essentially simultaneously. It will be various segments, you understand, but will most likely be on the same day or the same week — but probably the same day — could be a same hour,” according to politico.com.
However, only certain parts of the bill can be repealed for now.
“That means this process can’t repeal, for example, the parts of the bill that allow young adults to stay on their parents’ insurance or the rules saying companies couldn’t deny coverage for people with pre-existing conditions,” according to npr.org.
If you are covered by private insurance through Obamacare or Medicaid, it would be wise to scope out other options, according to healthinsurance.org.
BYU-Idaho has a strict health insurance policy that students must adhere to. You must keep your insurance up to date with the school and submit a waiver every semester if you are not enrolled in the Student Health Plan.
“If your coverage from another insurance plan ends while you are attending BYU-Idaho, contact the Student Health Center immediately,” according to BYU-I’s Health Coverage Management webpage. “You must either enroll in the Student Health Plan within 63 days after the coverage ends or provide verification of coverage from another qualified plan.”
The student health plans costs $528 per person per semester or $1,980 per family per semester, according to the Student Health Plan webpage. More details and information on the Student Health Plan is available online.