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TexasTowelie

(112,070 posts)
Wed Mar 15, 2017, 05:58 PM Mar 2017

Insurance Commissioner: Trumpcare Is a Case of Robin Hood in Reverse

Washington Insurance Commissioner Mike Kreidler, responsible for regulating health insurance in the state, says he was shocked by the dire forecast released by the Congressional Budget Office on Monday predicting that 14 million people could lose health care coverage within the year under a Republican plan now moving through Congress.

“It is worse than what any of us had anticipated,” Kreidler, a Democrat, says.

The Brookings Institution had estimated than 15 million people would lose health insurance over the course of the next 10 years, but the nonpartisan CBO reported that nearly that many would be uninsured within the year if the plan becomes law; the CBO says 24 million could lose coverage over the next decade.

The CBO says the reasons for the drop in coverage are many. Some people are currently enrolled in a health insurance just to avoid paying the penalties associated with the individual mandate, and the GOP’s bill would abolish these penalties, allowing people to chose to go uncovered. But many others would be forced off insurance roles because of huge cuts to Medicaid and subsides that help low-income people get coverage.

Read more: http://www.seattleweekly.com/news/insurance-commissioner-trumpcare-is-a-case-of-robin-hood-in-reverse/

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Insurance Commissioner: Trumpcare Is a Case of Robin Hood in Reverse (Original Post) TexasTowelie Mar 2017 OP
he is a good insurance commissioner KT2000 Mar 2017 #1
Part of gibraltar72 Mar 2017 #2

KT2000

(20,572 posts)
1. he is a good insurance commissioner
Wed Mar 15, 2017, 06:23 PM
Mar 2017

elected position - he started his first term sympathetic to the insurance companies but quickly changed his position. We have good protections in Washington and the cross state lines position will doom our current protections.

gibraltar72

(7,501 posts)
2. Part of
Wed Mar 15, 2017, 06:51 PM
Mar 2017

Rs plan is to avoid having good insurance commissioners have any say in what is sold in their states. The issuing states commissioner would have final say. Texas and Kansas would rule.

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