The Differences Between Obamacare &Trumpcare

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Obamacare vs Trumpcare: The 9 Key Differences Between the Bills

Comparison Point Affordable Care Act (ACA) American Healthcare Act (House bill) Better Care Reconciliation Act (Senate bill)
Employer Mandate Businesses with 50+ full time (or part time equivalent) employees must provide health insurance or pay a penalty. Penalty eliminated. Penalty eliminated.
Pre-existing Conditions Insurance companies cannot deny coverage or charge more based on pre-existing conditions. States can set their own policies on pre-existing conditions via waiver application. Insurance companies cannot deny coverage or charge more for pre-existing conditions but can waive ‘essential health benefits’.
Women’s Health Women’s health coverage must be included in ACA-compliant plans. States can remove women’s health benefits, such as maternity care, by applying for a waiver. States can remove women’s health benefits, such as maternity care, by applying for a waiver.
Affordability Of Care Elderly cannot be charged more than 3x a young person’s premium. Elderly can be charged up to 5x a young person’s premium. Elderly can be charged up to 5x a young person’s premium.
Medicaid 30+ states expanded coverage with federal support. Federal expansion support removed by 2020; annual caps on funding available to each state. Federal expansion support removed by 2021. Medicaid in some states would phase out sooner. Annual caps on funding available to each state.
Health Savings Accounts Limits annual contributions to $3,400 for individuals and $6,750 for families. Increases cap on contributions to $6,650 for individuals and $13,300 for families. Increases cap on contributions to $6,650 for individuals and $13,300 for families.
Small Business Association Health Plans Requires association health plans to provide essential health benefits Requires association health plans to provide essential health benefits Allows association health plans to offer fewer benefits
Insurance Marketplaces Created federal and state insurance online marketplaces where people can compare and shop for insurance plans. Unclear on the future of the insurance marketplaces. Individual health insurance market would continue; Funds allocated through 2019 to stabilize insurance market.
Business Tax Impact Created a small business tax credit.

Increased taxes on insurance companies, medical device makers, and wealthy Americans.

Eliminates small business tax credit starting in 2020.

Repeals taxes on insurance companies, medical device makers, and wealthy Americans.

Eliminates small business tax credit starting in 2020.

Repeals taxes on insurance companies, medical device makers, and wealthy Americans.

source:http://fitsmallbusiness.com/obamacare-vs-trumpcare/