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re: 18 States Sue to Challenge Loss of Subsidies
Posted on 10/14/17 at 11:54 am to frogtown
Posted on 10/14/17 at 11:54 am to frogtown
quote:
Trump is helping by blowing up the crap sandwich called Obamacare. Those in the individual market who don't qualify for a subsidy have been seeing large double digit increases since 2014. They just want the ACA to go away. The sooner the better.
Then you pass legislation, which Trump has been incapable of doing.
What this sabotage does, does not kill the market, it simply makes it more unaffordable for that group of people you claim to be concerned about. As I already pointed out, many have anticipated this decision, the way they have dealt with it is to offset their losses from cost sharing subsidies they are required by law to administer, by over-compensating with premium increases. People who get subsidies are insulated by that, people who do not feel the full brunt. Because of that over-compensation, the taxpayer is on the hook for more money than they would of otherwise.
This post was edited on 10/14/17 at 12:01 pm
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