Power of Story Send a Tweet        

Share on Google Plus Share on Twitter 1 Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (2 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   4 comments
OpEdNews Op Eds

Trump administration unveils "Trumpcare" -- higher costs for less coverage for middle-income Americans

By       Message Daily Kos       (Page 1 of 1 pages)     Permalink

Related Topic(s): ; ; ; , Add Tags  Add to My Group(s)

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H2 2/15/17

Author 38168
- Advertisement -

See original here

By Joan McCarter

- Advertisement -

The Trump administration, with Obamacare-hater Tom Price now ensconced at the head of Health and Human Services, is proposing a rule that they say would stabilize Obamacare markets. The proposed rules aren't exactly the draft rules leaked last week, but are easily as damaging. These new regulations would allow insurance companies to sell plans with higher deductibles and narrower networks and reduce the subsidies that low- and middle-income families get to purchase insurance. Yes, higher out-of-pocket costs and less help buying insurance. For the people that have the hardest time affording insurance and medical care.

"If finalized as proposed, the rule would reduce the amount of health care that marketplace plans have to cover. That would allow individual-market insurers to offer plans with higher deductibles and other out-of-pocket costs than they can now sell through the marketplaces. It would also have the hidden impact of reducing the Affordable Care Act's (ACA) premium tax credits, which help moderate-income marketplace consumers afford health care. As a result, the rule would force millions of families to choose between higher premiums and worse coverage. [...]

"The Administration argues that allowing less generous health plans, with higher deductibles and out-of-pocket costs but lower premiums, will give consumers more choices, draw more people into the marketplace, and, in this way, stabilize the market. But, in fact, this provision of the rule will do just the opposite.

- Advertisement -

"Due to the impact on premium tax credits, it will mainly serve to make marketplace coverage more expensive for marketplace consumers. Together with other provisions of the rule, that will almost certainly result in lower enrollment and a weaker risk pool which, in turn, will weaken market stability. Moreover, the rule does nothing to dispel the main source of uncertainty and instability currently affecting the marketplace: the looming threat that congressional Republicans will repeal the ACA, without enacting a comprehensive replacement."

- Advertisement -

These elements are in some of the Republican proposals for "replacing" Obamacare because Republicans don't care if you have to bankrupt yourself and your family to have health care. But make no mistake: if these rules are approved and put in place, they will begin to erode Obamacare and its protections, and Republicans are going to own that.

If the healthcare system falls apart, point back to this moment, this rule that is supported by all of Trump's Republicans. They own the damn thing now, and they'll face the consequences.


- Advertisement -

Must Read 1   Valuable 1  
View Ratings | Rate It


articles reprinted from Dailykos.com

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Just Read FBI Deputy Director McCabe's Statement Regarding His Firing By Trump... Just Read It.

Rush Limbaugh's Sponsor List

Comcast favors Fox News, charges $204 more for MSNBC package. ACTION NEEDED

Ron Paul takes lead In Iowa, Newt Gingrich falls off cliff

Republican Bill Bans Non-Church Marriages

Did Jared just secure his family's real-estate empire by facilitating a palace coup in Saudi Arabia?