A few big differences:
ObamaCare expanded Medicaid to cover 11 million people who weren’t covered before. TrumpCare gets rid of that expansion. So right off the bat millions of people will lose their coverage.
ObamaCare contained an individual mandate. TrumpCare removes it but allows insurance companies to charge you a 30% penalty for lapses in coverage. This seems totally nefarious. They’re not getting rid of the mandate at all, they’re shifting enforcement to corporations. All those penalties that would have gone into public coffers will now go to the insurance companies.
ObamaCare required large employers to provide affordable insurance to their employees. TrumpCare eliminates the employer mandate. Pretty straightforward, millions more will lose coverage.
ObamaCare distributed subsidies based on income. TrumpCare distributes subsidies by age. Age-based distribution is arbitrary and won’t help people who need it the most.
ObamaCare included tax credits for out-of-pocket expenses. TrumpCare eliminates those credits. Another big hit on low-income people who can’t afford those expenses.
ObamaCare capped the amount insurance companies can deduct from taxes for top level executives’ salaries. TrumpCare allows them to write off the entire amount of their executive’s salaries. The Obamacare cap was $500,000. This lifting of the cap incentivizes higher pay for corporate executives.
TrumpCare prevents Medicaid from funding Planned Parenthood, a potential $500 million loss of funding because they provide abortion services. Although ZERO federal funds go to abortion services, as mandated by the Hyde Amendment. The actual language states “abortion providers” but you don’t have to be a science rocket to know who they’re talking about. This is a direct assault on Planned Parenthood and a big reason we need to get active and fight Trumpcare.