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taxpayer-funded monthly subsidy (CSR) payments to health insurance companies are being terminated..
The White House announced late this evening that it "cannot lawfully make the cost-sharing reduction payments" to insurance companies under the Affordable Care Act, a decision Democrats condemned as a "spiteful act" that would hike premiums.
President Donald Trump has said he was considering cutting off the cost-sharing reduction payments, which reimburse insurers for lowering out-of-pocket costs for customers, in order to increase pressure on lawmakers to repeal the ACA, also known as Obamacare.
originally posted by: ravenshadow13
a reply to: Noncents
My income is right around this margin.
This means my deductible would be $4,000 instead of $1,000. $4,000 is more than I have in my bank account. If something happens to me like an accident or if I need a surgery, I’m toast. There’s no way I’d ever reach a deductible of $4,000 in a year unless something horrible happened, which means that some of the care that I do receive regularly would be at full cost of $150 for certain weekly PT services which is more than I can afford at my salary.
Without some of the ACÁ policies the costs would be closer to $300 a week which is obviously even worse.
But that isn’t a concern for you I’m sure.
Hence why fortunately I’m on Medicaid. Truly this is just going to push more people back onto the Medicaid and disability system whose incomes are close to the $15-$20k range. And guess what—that’s actually more expensive for taxpayers.
So I mean yeah I guess he didn’t do anything bad except making healthcare unaffordable for lower income Americans but whatever right?
So you tell me why a person’s deductible should be 1/5 their annual income? That doesn’t seem unreasonable to you?
originally posted by: abe froman
The ACA, if I remember correctly, was only upheld by the Supreme Court as a tax.
The Trump administration has removed the tax penalty by allowing filers to skip the insurance portion of their tax filings.
The Trump administration is apparently now allowing people to purchase their own non ACA compliant healthcare from insurers.
...and now he's de-funded it.
Ding-dong, the witch is dead.
Anything else we hear from the ACA is just it's death throes.
originally posted by: DBCowboy
Trump did the right thing.
This is a step away from socialized medicine. A step the republicans and democrats refused to take.
originally posted by: carewemust
originally posted by: DBCowboy
Trump did the right thing.
This is a step away from socialized medicine. A step the republicans and democrats refused to take.
There is more to come. Repealing ObamaCare is one of his key promises. As I entitled another thread, he is "hastening Obamacare's demise" for months.
REF: www.abovetopsecret.com...
It's great to finally have an elected official who does what he promised on the campaign trail.
originally posted by: Xcalibur254
The Republicans better start passing some legislation that can rein Trump in. If they keep letting him do whatever he wants via Executive Orders it's going to end costing them the mid-terms.
originally posted by: Dudemo5
originally posted by: carewemust
originally posted by: DBCowboy
Trump did the right thing.
This is a step away from socialized medicine. A step the republicans and democrats refused to take.
There is more to come. Repealing ObamaCare is one of his key promises. As I entitled another thread, he is "hastening Obamacare's demise" for months.
REF: www.abovetopsecret.com...
It's great to finally have an elected official who does what he promised on the campaign trail.
Yeah, the problem is that this makes it impossible to blame the ACA for rate increases. Now the rate increases can be pinned on the Republican party.
And they will be.