Election Results 2010: Will Results Change Health Care ReformBy Janet Peterson on November 4, 2010, 12:44 pm Posted in Finance News
President Barack Obama’s health care reform may see some major changes in the future. Since the Republicans had an earthquake of victories in the midterm elections this indicates the people in the United States are sending a clear message to the President and to Congress. One of these messages is that there needs to be changes in the health care reform bill as it presently stands.
Most Of The Health Care Reform Bill Will Not Take Place For Years
Although the Republicans pledged to make significant changes in the health care reform bill the truth is that the bill itself will not take effect for several years. This means that some of the major parts of the bill might be changed. However, with the Republicans now having the majority in the House and the Democrats holding the majority in the Senate what might or might not happen will not be known until the new Congress is seated. Some analysts believe that one of the changes might be to expand the government’s role in the health care plan. If this change should come about then it might mean the addition of a public insurance option. This would then create a competition with the government and private insurers.
It Is Also Possible The Bill Could Be Repealed And Replaced
Although it does not seem likely there is also the possibility that the health care reform bill could be repealed and replaced before it has the chance to be implemented. What is definitely known is that whatever happens it will satisfy a number of people while it will disappoint and make a number of other people unhappy. It is safe to say, however, that the new Congress will make changes in the health care reform bill as we know it now.