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Obamacare: The Abolishment Of Obama Care

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With Donald Trump’s presidency, Republicans are trying to replace Obamacare, which could be both beneficial and harmful to health care providers like UnitedHealth Group. Millions of Americans are insured through Obamacare, therefore if it were taken away, there would be more exposure for health care insurers such as UnitedHealth Group.
The abolishment of Obamacare could be beneficial to the company because it would permanently eliminate the Health Insurance Industry Tax, which could overall save UnitedHealth Group millions. On the other hand, since the Affordable Care Act was launched in 2010, Medicaid has been one of UnitedHealth Group’s largest money-makers. The reform of Obamacare could ultimately reduce Medicaid enlistment, which could

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