Home Economy Former President Obama cheers on Joe Biden on 11th Anniversary of Affordable...

Former President Obama cheers on Joe Biden on 11th Anniversary of Affordable Care Act

FILE - In this Nov. 9, 2016 file photo, President Barack Obama, accompanied by Vice President Joe Biden, walks back to the Oval Office in Washington, after speaking about the election in the Rose Garden. (AP Photo/Pablo Martinez Monsivais)

Even as more confrontations mount between President Biden and Republican lawyers on how billions of dollars will be spent through state and neighborhood governments, the national government is getting ready to execute the $1.9 trillion American Rescue Plan endorsed into law this past month.

Today, behind some democrats led cheers, the focus shifted towards how the rescue plan will help Americans save in regards to their health care.

“Now, President Biden is building upon the success of the Affordable Care Act and enacting the largest expansion of health care coverage since its passage through the American Rescue Plan,” said Democratic National Committee Chair Jaime Harrison. Harrison called Biden’s actions “a remarkable feat after years of Republican obstruction and political games.”

At the heart of the matter is the fact that the plan significantly reduces health insurance premiums for millions of American families who could not afford it under the original law.

Earlier today, former President Barrack Obama tweeted his support for President Biden as well, calling it an example of how government is supposed to work:

Yet, some medical services specialists consider this move a transient fix for a drawn out emergency, one that tries not to face an awkward truth: The only clear path to expanding health insurance remains yet more government subsidies for commercial health plans, which are the most costly form of coverage.

The ACA’s dependence on private plans — a hard-battled bargain in Obama’s 2010 law that was intended to prevail over the insurance industry — as of now costs citizens a huge number of dollars every year, as the government basically pays for the protection expenses of roughly 9 million Americans.

The sticker price will presently ascend higher due to the as of late established $1.9 trillion COVID alleviation bill. The enactment will guide some $20 billion more to big insurance companies by making bigger expense sponsorships accessible to buyers who purchase qualified plans.

“We have to prove to the American people that their government can deliver for them,” said Biden when commenting about his ambitious plan of action. ” that we can lower healthcare costs, and so much more.  That’s our job.  That’s our responsibility.” 

In response to some questions earlier this week, White House press secretary Jan Psaki said that President Biden and former President Obama consult and still keep in touch regularly. Psaki said the two remain “friends” and that “they consult and talk about a range of issues,” something she added she expects will continue “through the course of President Biden’s presidency.”