Trump appeared on 60 Minutes on Sunday to address the pressing questions regarding what he plans to do during his presidency. Along with tough issues such as abortion and immigration, the president-elect also talked about what he plans to do with the Affordable Care Act.
When asked about Obamacare, Trump did not totally dismiss the act. He stated two provisions that will most likely be kept during the reconstruction. Number one is that Trump plans to keep pre-existing conditions as covered. For many, this was an important aspect of Obamacare that people with conditions dating pre-ACA were still covered under their insurance plans. This should put a lot of Americans at ease, to know that they are safe from that.
The second provision that Trump states he plans to keep is the coverage of children under a parents plan. The original plan being that children and adults up to age 26 can be covered under their parents plan. Also a great plan to keep in place as many working folks have family plans instilled by their businesses, making overall monthly coverage bills lower.
There was talk that if and when Trump repeals and replaces Obamacare, that there might be a period of time where many people were without healthcare. Trump set the record straight to Lesley Stahl, telling her the transition would be seamless and that there would not be a two-day nor a two-day period where people go without healthcare.
Where Does This Leave Your Healthcare Business?
Healthcare companies such as staffing, medical coding and medical billing can expect some changes in the next few years. This might put some changes in the way you do payroll and/offer healthcare plans to employees. You might need some extra working capital during the initial change. PRN Funding can get your business the funding it needs to cover any expenses that arise during the ACA revamp. Give us a call or fill out a form to learn more about our funding programs for healthcare companies.