The Trump administration has not repealed and replaced Obamacare as promised, but it has made moves to dismantle it, including creating job growth that has made it less of a necessity for Americans and helping dwindle its enrollment, CNBC reported.
As a federal judge in Texas ruled the Affordable Care Act unconstitutional from a lawsuit backed by the White House, a fight to the Supreme Court looms and the signature policy from former President Barack Obama's administration is showing dwindling numbers.
"As I predicted all along, Obamacare has been struck down as an UNCONSTITUTIONAL disaster!" President Trump tweeted Friday. "Now Congress must pass a STRONG law that provides GREAT healthcare and protects pre-existing conditions. Mitch and Nancy, get it done!"
The federal healthcare marketplace signups have dropped 11.7 percent and the number of Americas buying healthcare has reduced by 19.7 percent, Centers for Medicare and Medicaid Services, per CNBC.
Part of the reduction is attributable to a tighter job market created by the Trump administration's economic policies, health policy experts told CNBC. Historically low unemployment has reduced the dependence on Obamacare as more Americans get their health insurance from their employers.
Here are five other reasons for the declining Obamacare enrollment, according to CNBC:
- 'Skimpy' health insurance plans – Healthy, younger Americans can hold cheaper and less comprehensive coverage than the Obamacare plans now, which was made possible by the Trump administration.
- Repeal of the individual mandate – Americans are no longer penalized for not holding healthcare coverage, so more younger healthy Americans have seen the healthcare expense less necessary.
- Affordable Care Act budget cuts – The Trump administration cut down on spending, including the $100 million spent by the Obama administration on advertising and promotion of his healthcare law.
- Fewer days to sign up – As the ACA matured, less weeks were planned for open enrollment for the following year and the Trump administration began shortening the enrollment period last year.
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