Courtesy of Nattering Naybob
Crichardt13 – Trumpcare Lite…you forgot to mention how Donald will gut healthcare,throw millions under the bus,and blow an improving budget deficit sky-high…
Kata – I think you forgot to take your meds. oops, after Obamacare fails, you wont be able to afford your meds, gulp:(
Synopsis of the current proposal: the elimination of the low cost option means no competition against the government option rate, and insurers can charge what they want. Everybody else with income or that pay taxes, their rates will skyrocket overnight. But that's not all you get…
The elimination of the low cost option means: the Urban Institute's estimate, for instance, predicts that 29.8M (not just 20 million) will lose coverage. In any event, 20M recently covered under ACA will no longer get 75% of their insurance costs (average $1K per month, per couple) subsidized. Substituted is an income tax credit of $3.5K so they need to come up with the other $8.5K on their own.
Simply brilliant? To take the tax credit implies you have income or pay taxes in the first place, so 20M get screwed and we get a potential 43K per annum in additional deaths as a result. And if you act now…
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