ObamaCare situation

As you all know Obama Care has been a very sore point for a lot of Middle Class and a great help for 20 million low income people in the US mainland.

In the case of Puerto Rico, the government receives a block grant and is required to have insurance that meets or exceed the requirements of the law. The block grant partially funds the MiSalud program which is somewhat equivalent to Medicaid. Depending on who you believe, the grant will be exhausted sometime in 2017 and unless there is additional funds, the PR government will have to fund the rest of MiSalud entirely on their own which may affect a few of you.

Something is going to change with Obama Care. The Republicans in the US mainland have been trying to kill it, Trump wants also to kill it, and the potential First Husband, Bill Clinton appears to be thinking around the same thing. He just strongly criticized the program. Here is a statement made by Bill Clinton http://www.cnn.com/2016/10/04/politics/ … index.html Since that statement, he has toned it down, but I think the slip up in the above video where he called Obama Care "Crazy" is probably how he thinks of it. I love slips. We rarely see both parties agree on anything but it seem to be happening, so it is likely that something will be done.

So it looks like healthcare costs in the next 4 years is going to change, what it will look like it is hard to say, could be better or worse. It is up to the politicians.

Will block grants to the PR government continue? - Again hard to say, I think it is likely but I could be wrong. But either way the cost of Meds and Medical services needs somehow to be brought into control. PR has a lower cost for medical services than the mainland, mostly due to doctors and hospitals getting paid less.

As part of the attempted fixing of the PR economy, a call for change in the amount to be used for Medicare (separate from Medicaid) is likely to occur in the next 2 years, which would help the pocket of Medicare Recipients.

It is almost November so as you probably seen in the US and PR, medical Insurance is going up by a lot, lets hope in the future they can do something to keep it low.

And lets hope that the exodus of doctors from PR stops.
Rey