Tuesday, March 14, 2017

Trump's Suicide Pact for America

In 240 years of America history, there have been 2.9 million US casualties of war.

In comparison, Donald Trump and Paul Ryan are proposing to kill the health care of 14 million Americans in Year One, with 24 million losing their health care after that.

For those who want a summary of what is being proposed will mean, here are four simple takeaways:

  • TrumpCare is not solving a real problem.
    The bipartisan Congressional Budget Office (CBO) says the ACA (Obamacare) is not in a "death spiral" and that the health insurance market is stable. You are being lied to by Paul Ryan and the White House.
  • The CBO estimates 14 million will lose coverage immediately, rising to 24 million later.
    Who are these folks?  They are 4 million people who will stop buying insurance because the tax penalty won’t be enforced; 14 million people who would otherwise be eligible for Medicaid but will not be tossed off; 2 million people (each year) who have a gap in coverage and will have to pay a 30 percent penalty for a year when they buy coverage again and a percent of these folks who say “no thanks” when the premiums get too high.
  • Premiums for the same coverage will go up by 15 to 20 percent.
    With the tax penalty repealed, the young, healthy folks who choose to go without insurance won’t be paying into insurance plans. That means premiums will have to go up for the people who stay.
  • Folks may pay chose to pay less, but they will also get a lot less coverage.
    That means you may have paper insurance, but not real insurance. Deductibles and out of pocket costs, already high, will soar to the moon.

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