and most of it was Obamacare, this gift that make every President look bad after him. It is the biggest loser in our lifetimes
Then why don't you contact your Medicare Part D provider and tell them you miss the doughnut hole old man, because the ACA started eliminating Bush's doughnut hole. And the IRA act of Biden will create an out of pocket maximum for prescription drug expenses at $2,000. Go ahead and tell that same provider you want to pay more than that.
The ACA was the biggest WIN for the American people in a generation. Hundreds of thousands of people were freed from the bondage of employer sponsored health insurance. The plumber's wife, who put her kids in daycare and went to work at Walmart simply to provide health insurance for her self-employed husband and the family. She quit, stays home with the kids, and they have coverage through the ACA. Now, Walmart has to pay more to their employees because that health care bondage, that ball and chain, has been severed. Multiply that times hundreds of thousands of people in the very same situation and you get some real results.
Results like the reality that almost every single basis point of GDP growth during the Trump administration can be directly attributed to the ACA. Health care inflation was cut significantly, hell in 2023 it is projected to go negative. GO NEGATIVE. Today, when you go to the hospital under Medicare, the hospital is genuinely concerned with your well being. No longer is it release you quicker and sicker, because if they do that, they get punished. Their reimbursement rate is cut. "Quicker and sicker" was a meme in the Medicare community, a meme that the ACA eliminated.
I worked the Medicare market for two decades. The ACA changed all that. I spent those two decades chasing down people turning 65. Since the ACA, I don't chase anyone, they come to me. So Joe Sixpack is 62, he is damn tired of working, and he has a pretty good nest egg saved up, but he just can't quit. He has to worry about health insurance, not only for himself, but for his wife, who is younger. He could start drawing Social Security, but hell, where is he going to get health insurance. But he has a friend, and they give him my number and he calls and we set up an appointment.
When the dust clears, well I direct him to the Health Insurance Marketplace, and we find a health insurance plan that covers him, and his wife, at a better level than his current employer provided health insurance. He gets the subsidy, and when you factor that his out of pocket costs for the premium is less than what is coming out of his paycheck every month. I am not selling anything, just pointing him in the right direction. Besides, commissions on those ACA plan aren't worth my time. What I do do is create an income stream out of that nest egg. When I leave I am adding hundreds of thousands of dollars to what I already have under management, the dude is literally trying to hug my neck, and he is turning in his notice to work the next morning. Again, mulitply that times hundreds of thousands of people throughout the nation and you start seeing real results.
Here is the thing, your sorry ass is benefitting, not only from the ACA that you disparage so ignorantly, but also from the IRA. Talk about staring a gift horse in the mouth. What an ignorant and ungrateful fool you are.
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