Wednesday, October 18, 2017
Graves: I was happy Trump signed order eliminating Obamacare subsidies for low income people
Obamacare is broken.
It wasn’t long after the law was passed that we began hearing those very words.
And it’s true. Many Missourians lost the insurance plans that they were promised they could keep, premium prices doubled, and doctors are harder to find. Barack Obama promised his namesake law would boost the economy, but across the country, millions of Americans as well as small businesses reported ObamaCare harmed their ability to afford access to care for their families and employees.
More than 1500 counties, including most in North Missouri, will only have one health insurance option in 2018 and that option will likely cost more than it did this year. As predicted, when the law was passed paying the penalty for not having insurance is cheaper than actually having it. Most of those households choosing to pay the penalty make less than $50,000. They have to choose between daily essentials or paying high premiums and high-deductibles for insurance they can’t even use. You and I both know that health insurance coverage is meaningless if you cannot afford to use it or have access to quality care.
That’s why I am happy to see President Trump sign an Executive Order last week which starts the process of dismantling the burdensome regulations imposed on everyday Americans and small business owners by Obamacare. This takes the first step in providing millions of Americans with Obamacare relief they desperately need.
The President’s action will help make more health insurance options available to North Missourians. Anyone who is in between jobs or only serviced by one insurer could potentially get more access to short-term insurance.
Small businesses would also get the opportunity to join with other small businesses, even those across state lines, to provide more affordable health insurance to their employees. Selling health insurance across state lines is something I have pushed for from the start and I’m glad to see that the idea is moving forward. Our small businesses are the backbone of this country. They should be able to provide health insurance to their employees at an affordable cost. This executive order gives them the opportunity to do that. I believe that more competition in the marketplace means affordable.
These welcomed changes are a positive step in the right direction, but there is still more work to be done. I look forward to working with my fellow colleagues in the House to continue our push to keep our seven-year promise to repeal and replace Obamacare. Failure is not an option.