Not really. trump refused to pay the Cost Sharing Reduction subsidy for the poorest Obama care recipient's high deductibles and shared costs like co pays....
these plans for only the poorest, (if their income is 200% or below of poverty as the max) only when they purchased a silver plan on the exchange, then the gvt came in and shared a lot of those out of pocket expenses, along with paying the gvt's portion of the monthly premium.
these Cost Sharing Reduction Plans are mandatory for the Insurance companies to offer for these poor people is my understanding.
the gvt had been sending them an extra check, to cover the cost of these low deductible, low co pay, and lower out of pocket expense plans for the poorest on the exchange.
by Trump killing the subsidy, and with these low Cost Sharing Reduction plans MANDATORY for the poorest, the insurance companies had to raise the premium price for all the plans on the exchange, in order to get the money from the government in another manner....
so an $1000 a month plan, went to $1600 a month.....
but here is the kicker, the person getting insurance through the exchange with subsidies, the subsidies are calculated by what a person of a certain income level can PAY without going broke, and the Government was picking up the Rest.
Sooooooooooooo, with these premiums going from say the $1000 a month to the $1600 a month and the person getting the subsidy was having to pay $200 a month out of his own pocket, the gvt paying the rest, the $800....
Now at $1600 a month, the person getting the subsidy is still only having to pay the $200 a month because that is all a person on his income can afford,
AND the govt is paying the difference to the $1600 a month, so the gvt and the tax payer, is now having to pay $1400 a month for this person's subsidy vs the $800 it was....
This means the insurance companies are MORE THAN GETTING their money for the Cost Sharing Reduction subsidy that Trump refused to pay....
it was ALL ridiculous showmanship on Trump's part....and 10 to 1 the Insurance companies are making out even better than when they were given a subsidy for the CSR plans...
