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Analysis: Election Could Impact Healthcare For Millions

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A new analysis claims that Democratic presidential nominee Hillary Clinton's health care proposal would result in more than 9 million people getting coverage, while Republican presidential nominee Donald Trump's health care proposal would result in nearly 20 million losing their coverage.

The analysis by the Commonwealth Fund, a health care advocacy group, rests its claims largely on Clinton's proposed expansion of the Affordable Care Act, commonly referred to as Obamacare. Clinton plans to expand the controversial health care law and increase tax credits people can apply to their out-of-pocket medical expenses up to $5,000.

Clinton has also proposed a public option, which the Commonwealth Fund says would add coverage for more than 400,000 people.

"We have more work to do to finish our long fight to provide universal, quality, affordable health care to everyone in America," Clinton said in a statement in July, reported CNN. "Already, the Affordable Care Act has expanded coverage to 20 million Americans. As president, I will make sure Republicans never succeed in their attempts to strip away their care and that the remaining uninsured should be able to get the affordable coverage they need to stay healthy."

Trump is a severe critic of the ACA and has repeatedly said he would repeal the law. He also plans to increase block grants for states to expand their Medicaid services and permit the sale of insurance plans across state lines.

The Commonwealth Fund analysis claims that doing so would result in nearly 20 million people losing coverage.

“We’ve heard the discussion of repealing the Affordable Care Act for many years,” said Sara Collins, a vice president at the Commonwealth Fund, according to Bloomberg. “The estimates provide people with an idea of what it means to retain the law versus repeal the law. By just the act of repealing, it would lead to millions of people not having coverage.’’

Clinton's hope to expand the ACA could prove to be difficult. The plan relies on private health insurers to provide coverage, but those companies don't have to participate in the plan if they're not making enough money.

Slimmer profit margins have already led some of the largest health insurance companies in the country to drop their ACA participation in several states.

Aetna announced in August that it will only service Delaware, Iowa, Nebraska, and Ohio, reported CNN.

And UnitedHealthcare announced in April it would only participate in a “handful” of states.

Sources: Commonwealth Fund, Bloomberg, CNN (2) / Photo credit: Marc Nozell/Flickr

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