Posted by Michael Wonder on 14 Mar 2017
How Republicans want to change the health insurance market
14 March 2017 - This is the second of a two-part explainer on Republican plans to overhaul Obamacare.
Most Americans of working age get health insurance from their employers. But many—such as the self-employed, the unemployed and those working for small firms—must buy it for themselves. Before the Affordable Care Act, better known as Obamacare, this market did not function well. Healthy people could get cheap coverage, but if they fell chronically ill, insurers found it easy to boot them off their plans or limit their coverage.
Obamacare made the market work better, at a cost to some buyers and to taxpayers. Now Republicans want to overhaul it again, with the American Health Care Act (AHCA). What would they do to it, and why?
