Wednesday, January 4, 2017

The Obamacare Repeal Process Has Begun

By Coleen Elkins      24-7 Health Insurance

On January 3rd 2017 the 115 Congress was sworn in. Shortly after the swearing in Republican U.S. Senator Mike Enzi introduced a resolution allowing the repeal of Obamacare.

Using a budget resolution to get the wheels in motion only requires a simply majority vote to pass in the Senate.  This was the same method Democrats used to pass the law in 2010.

A Senate vote on the resolution could come as early as next week. Action from the House of Representative will follow and is expected to be swift. Committees have been instructed to dismantle the law and report back to the budget committee by January 27th. This process puts the bill for signature on President Donald Trumps desk.

We promise to keep you updated as the repeal progresses. Once the mandate is lifted and the penalty is removed it frees Americans to return to purchasing health insurance plans that meet their personal needs. This will include affordable catastrophic coverage if that is what you wish to purchase. Health insurance companies are already preparing for the changes.

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