Affordable Care Act

J. Scott Applewhite / AP

Sen. Sherrod Brown weighed in on the Senate Republican tax plan, including a piece that he says was slipped-in “in the dead of night” to dismantle the Affordable Care Act.

J. Scott Applewhite / Associated Press

Republican Sen. Rob Portman said he supports making changes to the Affordable Care Act through the tax bill in the works in Congress.

Health News Florida

If you plan on purchasing your medical insurance for next year from the Affordable Care Act's exchanges, be prepared for some significant changes.  

For people who buy health insurance through the marketplace created by the Affordable Care Act, the 2018 open enrollment period begins in one week. But many consumers are confused about what to expect. No wonder.

Ohio U.S. Sentators Rob Portman (left) and Sherrod Brown.
Ideastream

Ohio’s two senators agree premiums will go up if a bipartisan compromise on the Affordable Care Act doesn’t get through Congress. But Sens. Sherrod Brown and Rob Portman don’t agree on whether that compromise should pass.

Updated at 3:55 p.m. ET

A bipartisan coalition of 24 senators — 12 Republicans and 12 Democrats — has signed on to health care legislation to prop up the individual insurance market and keep premiums down. With the expected support of all Senate Democrats, it could have the votes to pass the chamber. But questions remain over when it might actually get a vote, as well as whether President Trump and House Republicans would bring the bill over the finish line.

Ohio is in a better position to handle President Trump’s decision to end federal cost-sharing reduction payments to insurance companies than some other states, according to officials at the Ohio Department of Insurance.

Updated at 11:40 p.m. ET

The Trump administration said Thursday that it would end the Affordable Care Act's cost-sharing reduction payments designed to help low-income Americans get health care. Not paying the subsidies, health care experts have warned, could send the health insurance exchanges into turmoil.

President Trump signed an executive order Thursday that is intended to provide more options for people shopping for health insurance. The president invoked his power of the pen after repeated Republican efforts to repeal the Affordable Care Act, also known as Obamacare, have failed.

"The competition will be staggering," Trump said. "Insurance companies will be fighting to get every single person signed up. And you will be, hopefully, negotiating, negotiating, negotiating. And you will get such low prices for such great care."

President Trump is poised to sign an executive order that he says will make it easier for people to join together as a group and buy health insurance from any state.

The president tweeted about his plans on Tuesday morning.

"Since Congress can't get its act together on HealthCare, I will be using the power of the pen to give great HealthCare to many people — FAST," he wrote.

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