Affordability vs. Price

[Cassandro]

Affordability is the relationship between income and the costs of goods and services. If your income goes up at the same rate as these costs, there is no change in affordability, Changes in the price of individual items for sale have no direct relationship to overall affordability.

As a result, the clamor to "lower" prices is a false remedy to increase affordability. Any questions?

 

[MarcATL]

 

[Doc7505]

Affordability is the relationship between income and the costs of goods and services. If your income goes up at the same rate as these costs, there is no change in affordability, Changes in the price of individual items for sale have no direct relationship to overall affordability.

As a result, the clamor to "lower" prices is a false remedy to increase affordability. Any questions?

<~~~~~~>
The economic policy of the Biden administration, aka Bidenomics, inflated cost of living in America in some cases above 20%.
This was done by increasing the cost of fuel, then supply chain shortages.
Democrats and the administration attempted to blame Covid as the reason, yet that has been proven a total lie it was the draconian methods of handling the virus and commerce into and out the U.S.
This was further exacerbated by opening our borders to more than 20 million illegal immigration placing stress on apartment and home availability and employment.

 

[Conservative from Georgia]

Affordability is the relationship between income and the costs of goods and services. If your income goes up at the same rate as these costs, there is no change in affordability, Changes in the price of individual items for sale have no direct relationship to overall affordability.

As a result, the clamor to "lower" prices is a false remedy to increase affordability. Any questions?

My question: When Republicans raise the healthcare premiums 100% via the expiration of subsidies, will recipients’ income go 100% as well?

 

[Dont Taz Me Bro]

My question: When Republicans raise the healthcare premiums 100% via the expiration of subsidies, will recipients’ income go 100% as well?

If the Affordable Care Act is affordable, why are these subsidies needed in the first place?

 

[task0778]

My question: When Republicans raise the healthcare premiums 100% via the expiration of subsidies, will recipients’ income go 100% as well?

My question: you're not really a conservative are ya?

First, healthcare premiums are not going up 100%, that is a lie.

Second, the GOP has nothing to do with setting the premiums one way or the other, the insurance companies do that. You don't remember when Obama told us that premiums wouldn't go up by one thin dime?

Third, you're asking a really stupid question.

 

[Toddsterpatriot]

My question: When Republicans raise the healthcare premiums 100% via the expiration of subsidies, will recipients’ income go 100% as well?

Why is the Affordable Care Act so darn expensive?

 

[Toddsterpatriot]

My question: you're not really a conservative are ya?

First, healthcare premiums are not going up 100%, that is a lie.

Second, the GOP has nothing to do with setting the premiums one way or the other, the insurance companies do that. You don't remember when Obama told us that premiums wouldn't go up by one thin dime?

Third, you're asking a really stupid question.

Makes sense, he's really stupid.

 

[Doc7505]

My question: When Republicans raise the healthcare premiums 100% via the expiration of subsidies, will recipients’ income go 100% as well?

<~~~~~~~>
Will they raise the premiums, or over ride Democrat's foot dragging and interference and pass a bill saving the Democrat failed ACA?

 

[Greenbeard]

If the Affordable Care Act is affordable, why are these subsidies needed in the first place?

Because the subsidies make coverage affordable for low-to-middle income people. That was the point.

 

[Dont Taz Me Bro]

Because the subsidies make coverage affordable for low-to-middle income people. That was the point.

If it needs to be subsidized, it's not affordable. THAT is the point. And these subsidies are only four years old, by the way. They were never part of the original 2010 legislation.

 

[Greenbeard]

If it needs to be subsidized, it's not affordable. THAT is the point.

American health care is unaffordable if a family's contribution isn't scaled to its income, and affordable if it is. The ACA is what provides that scaling in the nongroup markets and thus is what brings health care within reach for millions of Americans. Lots of families are discovering that right around now.

And these subsidies are only four years old, by the way. They were never part of the original 2010 legislation.

They should have been. Fifteen years ago the factors they decided on to scale premiums to people's incomes were chosen because someone arbitrarily decided the projected cost through 2019 should be kept under $1 trillion. The scaling they chose got that price tag to $940 billion.

In reality, health care cost growth slowed down dramatically and the new ACA spending through the end of 2019 only ended up being around $300 billion. As it turned out, they had plenty of budgetary room to make coverage even more affordable from the start, they just relied too heavily on the bean counters. Fixing that error has been hugely successful.

 

[Doc7505]

Why is the Affordable Care Act so darn expensive?

<~~~~~~>
Bu, bu, but San Fran Nan said all would be good if we passed the Affordable Care Act so we could find out what was in it.
What could possibly go wrong?
We are now finding that the ACA was a complete Democrat scam...

 

[BluesLegend]

My question: When Republicans raise the healthcare premiums

I'll just correct your blatant lie, when Obama and DEMOCRATS raise them. Obama and Democrats OWN 100% of the Obamacare fiasco so run to Obama and cry about it.

 

[Doc7505]

If the Affordable Care Act is affordable, why are these subsidies needed in the first place?

If it needs to be subsidized, it's not affordable. THAT is the point. And these subsidies are only four years old, by the way. They were never part of the original 2010 legislation.

<~~~~~~>​

The Affordable Care Act (ACA) aimed to make health insurance more affordable, but many people still found coverage expensive without subsidies. While the ACA expanded access to insurance, the cost of premiums remained high for those who did not qualify for financial assistance.
Approximately 92% of ACA enrollees rely on subsidies to afford their premiums. Without these financial aids, many individuals would struggle to pay for insurance, leading to a substantial increase in the number of uninsured.
The reliance on subsidies highlights ongoing challenges in making healthcare accessible for all.
Enhanced subsidies under the ACA, by Democrats and the Biden administration which were expanded during the COVID-19 pandemic, have led to increased enrollment and financial support for many Americans. However, there are concerns that these subsidies create inequities and may not be sustainable in their current form, prompting debates about their future.
Read more:
Problems with ACA Subsidies Compounded by COVID Credits: Unfair to Americans with Employer-Based Insurance, Punish Work, and Incentivize Employers to Drop Coverage

 

[Cassandro]

The Affordable Care Act (ACA) aimed to make health insurance more affordable, but many people still found coverage expensive without subsidies.

In other words, the ACA did NOT make health insurance more affordable.

 

[RoshawnMarkwees]

As a result, the clamor to "lower" prices is a false remedy to increase affordability. Any questions?

Only if income was lowered in conjunction.
When fracking brought the price of oil down in 2014, consumer prices coincided and we began recovery from the Obama economy.

 

[task0778]

In other words, the ACA did NOT make health insurance more affordable.

The ACA was actually the 1st step towards a single payer, national health insurance program that was never feasible nor affordable. We could have ended the ACA but John frickin' McCain cast the deciding vote against that and so here we are.