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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump is about to make your health care way more expensive
Trump is about to make your health care way more expensive - DailykosInsurance premiums through the Affordable Care Act marketplace are expected to skyrocket next year, with plans rising by a median of 15% across 105 insurers, according to an analysis from the health policy outlet KFF.
The expected price increasesthe largest since 2018, when... Donald Trump was first in officecan be directly linked to the actions of Trump and congressional Republicans.
Much of the expected increase stems from the fact that Republicans are about to let premium tax credits expire. Those credits were passed in 2021 by congressional Democrats and signed into law by... President Joe Biden. The credits helped 22 million people afford insurance plans in ACA marketplaces.
Once those tax credits expire at the end of this year, people will see a 75% increase in premiums they'd be responsible for, according to KFF. Healthier people who feel they dont need insurance are expected to then drop their coverage rather than pay astronomically more for it. And that smaller, sicker pool of enrollees would be more expensive for insurance companies to cover, leading to spikes in premium prices
The expected price increasesthe largest since 2018, when... Donald Trump was first in officecan be directly linked to the actions of Trump and congressional Republicans.
Much of the expected increase stems from the fact that Republicans are about to let premium tax credits expire. Those credits were passed in 2021 by congressional Democrats and signed into law by... President Joe Biden. The credits helped 22 million people afford insurance plans in ACA marketplaces.
Once those tax credits expire at the end of this year, people will see a 75% increase in premiums they'd be responsible for, according to KFF. Healthier people who feel they dont need insurance are expected to then drop their coverage rather than pay astronomically more for it. And that smaller, sicker pool of enrollees would be more expensive for insurance companies to cover, leading to spikes in premium prices
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Trump is about to make your health care way more expensive (Original Post)
B.See
Friday
OP
wolfie001
(5,732 posts)1. Making the average sick American even sicker
Great job republiTURDS.
the National Weather Service
FEMA
air traffic control
the cost of prescription medicine
Medicare and Medicaid
the ACA
the CDC
vaccines
the cost of goods and services
the Dept of Education
the CFPB
public broadcasting
and I'm sure a dozen or so other things I haven't mentioned - gone to HELL in a handbasket under Trump's REPUGNANT regime.
Are we GREAT AGAIN YET?????
Jack Valentino
(2,838 posts)5. We were 'GREAT AGAIN' under President BIDEN!
Not perfect--- but pretty damned great.
B.See
(5,903 posts)6. Indeed. Too bad too many were
TOO STUPID to realize it.
CBHagman
(17,317 posts)2. Premiums went up during the first Trump administration, too.
I was on my state exchange at one point, and as the years passed and the administration meddled with various things, the premiums jumped.
Liberal In Texas
(15,418 posts)4. The 200% import tax on drugs made overseas is going to really F seniors.
I will be one of them.
Just a quick look at my drug list and I have about 14 that are probably made off-shore.