Uninsured rate keeps climbing under Republicans

Discussion in 'ObamaCare' started by antontoo, Oct 20, 2017.

  1. antontoo
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    antontoo Gold Member

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    Trump's policy directly raised premium prices:

    Insurance companies have made it crystal clear how Trump could send Americans' healthcare costs soaring

    Premiums To Spike 30 Percent In PA After Trump Cuts O'Care Subsidies
     
  2. MadChemist
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    MadChemist Active Member

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    O.K.

    This statement says "could" meaning it hasn't happened yet.

    The article points to statements made about 2018. What happened in 2017 ?

    And....are there not other factors affecting the decision to obtain insurance (as in, companies pulling out of markets and raising prices) ?

    We could go further and say that the article cites cost sharing payments being stopped. That isn't an increase, it's a cost shift. Currently, those who can afford insurance through subsidies can't otherwise.
     
  3. MadChemist
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    MadChemist Active Member

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    This was quoted from an article from a different thread:

    That’s a lesson tens of thousands of Iowans have learned over the past four years as the state’s individual health insurance market has imploded, with insurers fleeing the market because of big losses. With Obamacare’s fifth open-enrollment season kicking off on Nov. 1, the consequences are playing out across one of America’s most politically influential states as residents struggle to maintain coverage.

    Just one insurer, Medica, is willing to sell Obamacare plans in Iowa for next year—and it plans to raise premiums by an average of more than 50 percent. Thousands of Iowans, particularly those who make too much money to qualify for financial assistance, are likely to find that monthly premiums for 2018 are less comparable to a cellphone bill and more like a mortgage payment. The Iowa Insurance Division predicts that the number of individuals enrolled in coverage will decrease by at least 25 percent next year.

    “I think you’ll have a lot of people who just give up and fall out of the market,” said Tom Bowman, CEO of Davenport’s Community Health Care, a clinic that serves roughly 30,000 predominantly low-income individuals each year.

    How Iowa Became An Obamacare Horror Story

    ******************************************

    Ouch !!!
     
  4. antontoo
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    antontoo Gold Member

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    It happened. Trump killed CSRs, prices went up in PA by 28% instead of 8% scheduled.
     
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  5. MadChemist
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    MadChemist Active Member

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    He removed subsidies.

    So the full brunt of the cost goes to the consumer.

    The cost is the same. Who is bearing it changed.

    I don't necessarily agree with it, but that's how I read it.
     
  6. antontoo
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    antontoo Gold Member

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    1. NOPE. Not a zero sum game.

    CSR's actually increased systemic efficiency. CBO scored their removal as EXPESE, not savings, to federal government.

    The Effects of Terminating Payments for Cost-Sharing Reductions

    Terminating Payments for Cost-Sharing Reductions would increase the federal deficit, on net, by $194 billion from 2017 through 2026, CBO and JCT estimate.

    2. It did raise prices to consumers and did put downward pressure on demand - so yes, because of this policy we would expect less people getting insurance.



    And just to talk about the second part of increased costs, the mandate repeal part - it may sound good to "GIVE PEOPLE CHOICE!", but it's a red herring. The choice you are effectively giving to people by repealing mandate while keeping the guarantee of coverage under ACA is:

    "Don't get insured, save the money and if you ever get sick you know insurance company has to take you in anyway". This system is prime for abuse and CAN'T WORK.

    It begs a death spiral - more healthy people electing to not get insured, making risk pool sicker and leading to increased premiums, which in turn makes more healthy people elect to not get insurance, which in turn raises prices yet again...

    Anatomy of a true health insurance death spiral
     
    Last edited: Nov 16, 2017
  7. dblack
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    dblack Gold Member

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    This kind of "insurance" is delusional. The sooner it dies, the better.
     
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  8. danielpalos
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    danielpalos Platinum Member

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    by lowering taxes?
     
  9. Natural Citizen
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    Natural Citizen Gold Member

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    Aaaaand this goes here....

    Dr. Ron Paul nails it.

     
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  10. Marion Morrison
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    Marion Morrison Gold Member

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    For those people in here who are derp: Health Insurance companies do not provide medical services.

    That's what doctors do. Furthermore, Health insurance companies are wanting to set themselves up as a legally mandated barrier, that you have to pay in order to get access to a doctor. No sane person would advocate for that.

    I recently came across paid doctor bills from when I was a kid.

    $23 here

    $26 there.

    My last doctor bill was $90.

    Why should I have to pay an insurance company to go see a doctor? Hmm?
     
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