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What should you do if you rely on Obamacare?

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President Donald Trump has pledged “insurance for everybody” that is “much less expensive and much better.” So far, Republican leaders, who have sworn to repeal Obamacare, do not appear to be advancing the new President’s policy goal.

On January 17th, the Congressional Budget Office published their projections for what would happen if Congress repeals portions of the Affordable Care Act. Their prediction is not rosy. According to the summary of the report, repealing portions of Obamacare would increase the ranks of the uninsured by 18 million in the first year. By 2026, the number could hit 32 million if Medicaid expansion in some states is wiped away. Meanwhile, premiums could double by 2026, according to the CBO.  A study by the American Medical Association found that, predictably, the people most likely to lose coverage if Republicans repeal Obamacare are minorities, the poor, the unemployed, and those with lower educational attainment.

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CNBC spoke with financial planners and health industry experts on what to do if you rely on Obamacare.

Their advice seems to be to sign up for Obamacare anyway. “As the market starts to behave in funny ways and insurers start leaving, you might find that your coverage is disrupted,” said Karen Pollitz, a senior fellow at the Kaiser Family Foundation, told CNBC. “The safest thing is to sign up and see what happens.”

They also suggest that people use their insurance before they lose it.

“If you haven’t completed your wellness visits yet, it’s time to get off the sidelines,” CNBC notes. “It’s a good practice to leverage your deductibles so that you can address any developing problems and get closer to your annual out-of-pocket spending maximums. That way, if health issues do arise, your plan will generally cover 100 percent of your costs.”

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“If you’re worried about your subsidies, don’t put off health problems that need to be resolved,” a financial planner told the site.

Many experts, on the right and the left, have criticized Republicans’ strategy. “What they are planning to do is absolutely insane,” Michael Cannon, a representative of the libertarian Cato Institute, told Talking Points Memo about how Republican lawmakers are going about repealing the Affordable Care Act.

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Enjoy this piece?

… then let us make a small request. Like you, we here at Raw Story believe in the power of progressive journalism — and we’re investing in investigative reporting as other publications give it the ax. Raw Story readers power David Cay Johnston’s DCReport, which we've expanded to keep watch in Washington. We’ve exposed billionaire tax evasion and uncovered White House efforts to poison our water. We’ve revealed financial scams that prey on veterans, and efforts to harm workers exploited by abusive bosses. We’ve launched a weekly podcast, “We’ve Got Issues,” focused on issues, not tweets. Unlike other news sites, we’ve decided to make our original content free. But we need your support to do what we do.

Raw Story is independent. You won’t find mainstream media bias here. We’re not part of a conglomerate, or a project of venture capital bros. From unflinching coverage of racism, to revealing efforts to erode our rights, Raw Story will continue to expose hypocrisy and harm. Unhinged from corporate overlords, we fight to ensure no one is forgotten.

We need your support to keep producing quality journalism and deepen our investigative reporting. Every reader contribution, whatever the amount, makes a tremendous difference. Invest with us in the future. Make a one-time contribution to Raw Story Investigates, or click here to become a subscriber. Thank you.



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Has anything changed since Burning Man’s sex assault and labor issues were exposed?

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The last weekend in August marks the start of Burning Man, a week-long, festival in the Nevada desert consisting of freewheeling performance art, fanciful costumes, and a lot of drugs. The anarchic party with more than 50,000 attendees constitutes a pilgrimage for many attendees, lured by the promise of leaving the “default world” behind in exchange for a transformative or even spiritual experience.

This article originally appeared at Salon.

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Truckers are facing a ‘bloodbath’ in their industry — and it’s turning many in the pro-Trump group against him: report

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Truckers are numerous, conservative, and hurting. And despite their widespread support for Donald Trump’s candidacy in 2016, a new report from Business Insider suggests the pain in the industry might be turning these workers away from the president.

The political trends in trucking are not insignificant. According to the American Trucking Associations, there were an estimated 3.5 million truck drivers in 2018. RTS Financial has found that there are 7.4 million jobs total “tied to the trucking industry.” And Business Insider reported that nearly 90 percent of truckers are registered voters, higher than the general population.

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WATCH: Trump’s collusion with Russia is now a topic for impeachment — along with obstruction and racism

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President Donald Trump's interactions with Russia are now a topic of the impeachment investigation.

"There was an important development in support for impeachment proceedings in the House of Representatives today," MSNBC anchor Lawrence O'Donnell reported Tuesday. "Important both in who the new support comes from and what that support is based on."

"Congresswoman Lauren Underwood of Illinois is one of the freshmen Democrats who flipped a Republican district last year in winning her election. She brings the total number of House Democrats supporting impeachment now to 126 -- a majority of the Democrats' 235 members of the House," he explained.

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