As Washington debates whether the country should repeal the Affordable Care Act, known as Obamacare, applicants are rushing to get covered, reportedly driving applications to a record high.
“I’m glad that the people understand the importance of getting coverage,” Donna Christensen, the former delegate for the U.S. Virgin Islands’ at-large district, told Cheddar on Wednesday.
But many still remain uninsured. According to the National Center for Health Statistics, 28.2 million people under the age of 65 did not have coverage in 2016.
For context, that's a smaller proportion than before Obamacare passed. The federal agency said that the percentage of people uninsured now stands at 9 percent, compared to 16 percent in 2010.
Many uninsured and current beneficiaries of the Act worry that a repeal would be in place by 2019 and that time is running out. However, Christensen argues that this is not the case. She says it’s going to be very hard for Congress to repeal ACA.
“The Affordable Care Act is still the law of the land,” the ex-congresswoman said, stating that she doubts a repeal would ever happen.
“It was not easy to get the law passed, but it’s going to be more difficult to take it away,” Christensen said.
She encouraged the uninsured to seek coverage by December 15th this year, pointing out that benefits will be valid into the next year.
Congressional Budget Office director Keith Hall put out a blog post on the federal agency’s website on Wednesday. He says that according to the CBO’s most recent baseline, repealing Obamacare's individual mandate would reduce the nation’s federal budget deficit by $338 billion within the next decade. That's less than the previous estimate of $416 billion, made last December.
House Democrats announced two articles of impeachment against President Donald Trump Tuesday morning: abuse of power and obstruction of Congress.
The lawyers for both parties on the Intelligence Committee where the initial public hearings were held last month, had the opportunity to present findings from their respective investigations.
The company confirmed late Friday that it will move 1,500 employees into 350,000 square feet of space in a new building in the Hudson Yards development on the far west side of Manhattan.
These are the headlines you Need 2 Know for Monday, December 9, 2019.
Rep. Debbie Mucarsel-Powell said the House Judiciary Committee could be drafting the articles as early as next week, but while abuse of power is sure to be included, she is unsure if other articles, like obstruction of justice and obstruction of Congress, will be drafted.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Chris Walsh, founding editor and vice president, will take over at the start of 2020. Cheddar caught up with Walsh in advance of his new appointment to hear his thoughts on MJBizCon, vaping, cannabis politics, and the future of the industry.
The numbers crushed analyst expectations of 180,000. However, the strong numbers could make it unlikely the Federal Reserve will cut interest rates for a fourth time this year.
These are the headlines you Need 2 Know for Friday, December 6, 2019
House Speaker Nancy Pelosi said at a press conference on Thursday that she is formally asking the House Judiciary Committee to draft articles of impeachment against Trump over his actions toward Ukraine, saying "the president leaves us no choice but to act."
Load More