Trumpcare vs Obamacare Explained

Trumpcare vs Obamacare – Want to know what is the difference between Trumpcare and Obamacare? If yes, you have stumbled upon the right webpage, as here, I am going to thoroughly compare Trumpcare and Obamacare side by side so that you can understand the difference between both of these.

So, without any further ado, let’s get started –

Trumpcare vs Obamacare

Below, we have explained both of these acts and how they are different from each other.

What is Obamacare?

Obamacare is an unofficial name for the Affordable Care Act or Patient Protection Act. This federal law was signed by former President Barack Obama on the 23rd of March in 2010 when he was in power. That’s the reason this act is also known as Obamacare.

This act gives easy access to health insurance for people. Obamacare doesn’t allow the insurance company to reject a person’s coverage or charge more for a plan if the person is in advance diseased.

Obamacare asks insurance companies to cover basic services such as medication expenses, provides subsidies to low-income people, and ensures everyone can afford health plans. Obamacare invests in programs, plans, and schemes designed to reduce the cost of expenses and improve health care quality.

Does Obamacare still exist?

Yes, the ACA or Obamacare is still in existence, but some small changes have been made over time. The change made was the compulsion of an individual to enroll with Obamacare was ended.

Anyone who wants to get registered on Obamacare can.

People all around the country still use it, and in 2022, around 35 million have registered with Obamacare.

What is Trumpcare?

Trumpcare is a tag for American Health Care Act. This act was created by the Republicans in the House of Representatives and was signed by former President Donald J Trump.

This act was sent to the Senate but was not accepted as the same act was already present, which was ACA (Obamacare). Trumpcare had only a few different points from Obamacare.

Does Trumpcare currently exist?

Trumpcare was a proposal that was passed but was never approved. Therefore, Trumpcare never had its existence as an act or law.

Other Senate members also tried to make such proposals for correction to Obamacare, but those were never approved.

Proposals such as Better Care Reconciliation Act (BCRA), Obamacare Repeal Reconciliation Act (ORRA), and the Healthcare Freedom Act (HCFA) are some of those.

Difference between Trumpcare and Obamacare

Here Trumpcare vs Obamacare is explained in detail. Trumpcare eliminated a lot of spending that was in Obamacare and was against Obamacare on a few points, which led to such key differences.

Trumpcare would have removed the tax penalty for those who fail to register themselves to the plan, but at the same time, it would have removed some basic requirements the ACA has. You can look at the chart below, which compares both healthcare plans –

Trumpcare vs Obamacare

Key Policy Difference	Obamacare ACA	Trumpcare AHCA
Tax Penalty if failed to register in the insurance plan.	YES	NO
Plans are required to offer benefits such as preventative care.	YES	No, If the state receives a waiver.
Government agencies determine mandatory benefits.	Federal Agencies.	Federal Agencies or States with Authority.
State Authority to manage Medicaid.	NO	YES
Federal Invisible Risk Sharing Programme.	NO	YES

What is the Federal Invisible Risk Sharing Program?

Federal Invisible Risk Sharing Program is a portion of money kept aside by the Federal Government to give insurance companies coverage for high medical costs. Such a pool or portion of the money is invisible to the customers.

If you try to understand it, it means individuals with high medical costs (disease) never know they have to face high risk. So they also pay the same price or installment as normal people pay. For such situations, the Federal Invisible Risk Sharing Program has been created.

Obamacare vs the House of Representatives plan vs the Senate plan

For Obamacare, most people are required to get enrolled in the plan. If one doesn’t get enrolled, they have to pay the tax penalty.

Employers must provide coverage to their employees from the plan, which expands Medicaid, but not for the House of Representatives and Senate plans.

While some keys are the same for all three plans, such as the Government providing subsidies to make such plans more affordable to everyone, young adults up to the age of 26 can stay on their parent’s plan, and all plans are available only for one year.

Final Thoughts on Trumpcare vs Obamacare

There you have it – a detailed article covering the differences between Trumpcare and Obamacare.

With that said, here I am wrapping up this article. If you have any questions, feel free to shoot them in the comment section below. Our team will try to respond ASAP.