As you remember, one of President Trump’s promises was a quick and complete repeal of Affordable Care Act, also known as Obamacare. As time goes by and it’s still not accomplished yet, it becomes clear that it’s not actually that easy as it seemed back then. The effect it could have on communities across the country is unpredictable and it looks like no one want to test it out before upcoming presidential elections.
What is more, a couple of days ago Secretary Alex Azar tweeted the following:
BREAKING: We are announcing today that, for the very first time under the ACA, the premium for a typical federal exchange plan will actually drop. Insurers have proposed to cut premiums for these benchmark plans by 2% nationally.
— Secretary Alex Azar (@SecAzar) September 27, 2018
Therefore, it’s clear that Obamacare is here for at least some time. Anyway, we wanted to analyse what possible repeal of that could mean for healthcare jobs, mainly entry-level, which we cover in this blog.
To put things in perspective, let’s think about aging baby boomer generation. People born between 1945 and early sixties are aging and will need more healthcare services compared to what they required a decade ago. Needless to say, many of them simply can’t afford fancy health insurance plans. Of course, you can say that many of them are 65+ already, and Medicaid is solving that problem for them. However, a lot of them are not yet, and the whole situation puts them in a very vulnerable position. President Trump understands that.
Now, let’s look at this issue from a different perspective of a healthcare provider, let’s say hospital, to keep things simple. As you know, these guys don’t like to spend money on something they don’t feel is necessary, and that can create the following problem: while more people will need healthcare, hospitals could not hire more, which will put a low of pressure on those who work already. Why? Simply because prior to repeal constant job growth was ‘covered’ by Obamacare. Now, without health insurance there will be less baby boomers in hospitals (so officials will not need to create new jobs) and those of elderly who will manage to get plans, will be serviced by workers who are there already.
Why we think it’s important to look at this issue from the position of healthcare jobs like medical assistants or phlebotomists? Simply because it was cheaper for hospitals to hire more of them as compared to doctors. Don’t know about you, but during my latest visits I’ve seen an MD less and less. A lot of work is handed over to nurses, when high-paying doctors simply can’t handle that amount of work. ‘Brilliant’ solution for hospital officials – hire more lower-paid workers.
Again, what we have described above could only become true if Obamacare is indeed repealed, but we don’t see that happening anytime soon.
Disclaimer: all opinions expressed above are of our own. Let us know what you think in the comment section below.