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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump administration unveils 'Trumpcare'higher costs for less coverage for middle-income Americans
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 Acts (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.
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.
http://www.dailykos.com/story/2017/02/15/1634159/-Trump-administration-unveils-Trumpcare-higher-costs-for-less-coverage-for-middle-income-Americans?detail=email&link_id=5&can_id=861a9125edc6ec9480b5e7910a47b2d9&source=email-apparently-grabbing-women-by-their-lady-parts-is-common-practice-in-state-legislatures&email_referrer=apparently-grabbing-women-by-their-lady-parts-is-common-practice-in-state-legislatures&email_subject=apparently-grabbing-women-by-their-lady-parts-is-common-practice-in-state-legislatures
anarch
(6,535 posts)I have insurance through work...but I avoid seeking medical care unless it's an absolute emergency, because I still end up paying so much for it. And some things just aren't covered, when you'd think they would be.
I will never understand the reluctance of this nation to recognize things like healthcare, education, shelter, and basic sustenance as natural human rights, that we should all contribute to for the good of the society.
sheshe2
(83,654 posts)They said fuck you I got mine why the hell should I pay for yours. Die. Some of them are to stupid to be drawing a breath.
IdiotsforPalin
(169 posts)F'ing of the middle and lower class by Trump.....hey Deplorables, you'll never get it, never will, but Trump has you bent over.