Trump expected to announce 'framework' to cut health costs

[1srelluc]

MSN

The proposal, known as the “Healthcare Price Cuts Act,” seeks to prevent spikes in ACA premiums, affecting nearly 22 million Americans as subsidies approach their expiration at the end of the year.

Senate Majority Leader John Thune and House Speaker Mike Johnson are expected to be briefed on the plan, the report said. The Republican-led initiative introduces measures aimed at curbing “surprise premium hikes” and eliminating “zero-premium” subsidies to counter alleged fraudulent enrollments.

Additionally, the proposal includes a deposit program meant to encourage lower-premium options on the ACA exchange, redirecting savings into taxpayer-funded Health Savings Accounts.



Health Savings Accounts is a great option and takes power away from health insurance companies. This would allow more ‘concierge medicine’ thus controlling costs.

If, if Trump can pull this off this will be a big deal.

Healthcare cost is a weapon wielded by the dems. If the Republicans can make an actual improvement to the current mess that is the health insurance industry, then it will certainly help push the “undecided crowd” further right.

 

[pknopp]

If it works out, great, but Trump has had a plan for what? 9-10 years now?

 

[1srelluc]

If it works out, great, but Trump has had a plan for what? 9-10 years now?

Well, all you ever hear from the dems is "where is the gop's plan".

OK, so hopefully, here it is.

That said so many rice bowls stand to be kicked over on both sides it will be a dogfight.

 

[Mac1958]

 

[pknopp]

Well, all you ever hear from the dems is "where is the gop's plan".

OK, so hopefully, here it is.

That said so many rice bowls stand to be kicked over on both sides it will be a dogfight.

If Dem's had done the right thing there would be no need for a GOP plan.

 

[my2¢]

We'll see if it gets the Republican support that Trump's replacement of Obamacare couldn't muster back in 2017.

 

[Blaster]

Trump has a plan that could work but will congress approve it?

 

[debbiedowner]

His HSA plan will have to override what George Bush put in place in 2003.

Health savings account - Wikipedia

en.wikipedia.org

 

[candycorn]

MSN

The proposal, known as the “Healthcare Price Cuts Act,” seeks to prevent spikes in ACA premiums, affecting nearly 22 million Americans as subsidies approach their expiration at the end of the year.

Senate Majority Leader John Thune and House Speaker Mike Johnson are expected to be briefed on the plan, the report said. The Republican-led initiative introduces measures aimed at curbing “surprise premium hikes” and eliminating “zero-premium” subsidies to counter alleged fraudulent enrollments.

Additionally, the proposal includes a deposit program meant to encourage lower-premium options on the ACA exchange, redirecting savings into taxpayer-funded Health Savings Accounts.



Health Savings Accounts is a great option and takes power away from health insurance companies. This would allow more ‘concierge medicine’ thus controlling costs.

If, if Trump can pull this off this will be a big deal.

Healthcare cost is a weapon wielded by the dems. If the Republicans can make an actual improvement to the current mess that is the health insurance industry, then it will certainly help push the “undecided crowd” further right.

So by socking away $30 a paycheck ($780 a year) you think you will be able to afford surgery?

 

[Winston]

Health Savings Accounts is a great option and takes power away from health insurance companies. This would allow more ‘concierge medicine’ thus controlling costs.

First, Medicaid for all pregnant women and for all children under one year of age. Hell, Medicaid already pays for forty percent of pregnancies. Expand the use of midwifes and incorporate doulas.

After that first year, everyone will be required to have health insurance. For those that choose the high-deductible plan, the government will deposit into an HSA one thousand dollars for every member enrolled in the insurance plan. That is in addition to any contribution the enrollee chooses to make with yearly limits that are equal to the deductible within the plan. If it is ten grand, then ten grand can be contributed into the HSA, per year, per enrollee.

This coming spring will mark ten years. Ten years since my son graduated from college at the age of 20. Mind you, he had already signed a job offer and had closed on a house before he ever crossed the stage. But he calls me soon after beginning to work full time, I had to drop him off my health insurance. Why, it didn't cost me anything, I had a family plan and was already covering his two younger brothers. He would be double covered. But no, if he had additional insurance he couldn't have an HSA. I dropped him.

Like every single tax deduction he can get, well he maxed out the contribution to that HSA every year. He was married within a year, continued to max out that HSA. At this point, third child on the way, Mom staying home, well there is more than enough money in that HSA to cover the out of pocket maximum, not for this year, but for years to come.

The government can kickstart that financing for everyone and within a decade everyone will be like my son, at least the young and healthy.

 

[Winston]

His HSA plan will have to override what George Bush put in place in 2003.

Health savings account - Wikipedia

en.wikipedia.org

HSA were vastly expanded under the ACA. Interesting that now seems to be the keystone of any Republican plan.

 

[1srelluc]

We'll see if it gets the Republican support that Trump's replacement of Obamacare couldn't muster back in 2017.

It will be a huge dogfight as the congress-critters on both sides will get pressure from every lobby that has a dog in the fight.

I bet Liz Warren will go ape-shit given the Big Pharma donations she has racked up over the years.

Hell they are all guilty.....Looks like 98 of 100 Senators took Big Pharma money.

U.S. Senators Who Received Big Pharma Contributions

For decades, the global pharmaceutical industry has spread a deceptive narrative justifying the ever-increasing, sky-high prices of drugs, vaccines and diagnostics as something necessary and inevit…

cleverjourneys.com

 

[Hafar1014]

If it works out, great, but Trump has had a plan for what? 9-10 years now?

Democrats will oppose it. Their solution is just throw money at it and illegals get healthcare for free.

 

[citygator]

Pretty silly to tout giving $30B to people to give to insurance companies vs $30B to insurance companies on people's behalf. The market place ACA negotiates lower overall prices due to insuring people with pre-existing conditions who will see the largest increases.

Trump is trying to save face now that he caused the premiums to spike... just like the Democrats said.

 

[Winston]

So by socking away $30 a paycheck ($780 a year) you think you will be able to afford surgery?

Sure, if you start when you are in your twenties. By the time you are fifty you have tens of thousands of dollars, invested even, that you have never paid taxes on either the initial investment or the realized gains, and you can spend that money, tax free, for health care costs. It is like having a personal debit card just for health care costs, because you do.

 

[citygator]

Well, all you ever hear from the dems is "where is the gop's plan".

OK, so hopefully, here it is.

That said so many rice bowls stand to be kicked over on both sides it will be a dogfight.

This isnt a plan. All he is proposing is instead of giving the subsidies he'll give the same dollars to the people to give to the insurance companies. Its literally the same thing to keep ACA affordable. Hilarious that you think this is some kind of plan.

 

[1srelluc]

HSA were vastly expanded under the ACA. Interesting that now seems to be the keystone of any Republican plan.

Well, there had to be at least one good idea in that ACA mess.

Thing is a HSA requires savvy people to avail themselves of it and most people as dumb as rocks.

 

[Marener]

Sure, if you start when you are in your twenties. By the time you are fifty you have tens of thousands of dollars, invested even, that you have never paid taxes on either the initial investment or the realized gains, and you can spend that money, tax free, for health care costs. It is like having a personal debit card just for health care costs, because you do.

And without health insurance, that money can be wiped out with one brief hospitalization.

 

[Marener]

Thing is a HSA requires savvy people to avail themselves of it and most people as dumb as rocks

HSAs are largely used as tax havens for the wealthy. Healthcare is a side hustle.

 

[pknopp]

Sure, if you start when you are in your twenties. By the time you are fifty you have tens of thousands of dollars, invested even, that you have never paid taxes on either the initial investment or the realized gains, and you can spend that money, tax free, for health care costs. It is like having a personal debit card just for health care costs, because you do.

Fall and break your wrist at 32 and need surgery to fix and you are back to zero if not actually in the hole.