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re: Thomas Gallatin: Obama Doubled Your Healthcare Premium
Posted on 5/26/17 at 2:03 pm to narddogg81
Posted on 5/26/17 at 2:03 pm to narddogg81
quote:
double the insurance premiums of 270 million people to insure 23 million, call it affordable care
The failure of Obamacare on the pricing side was that it failed to do much other then insulate more people from feeling the totality of those prices using subsidies. Absent Obamacare, prices were still growing at an exorbitant and unsustainable rate. The AHCA does even less to insulate people from pricing trends and does nothing to directly fix the problem.
The ironic case study in the ACA is that we learned it is much cheaper to spend a dollar to give someone Medicaid then it is to spend a dollar to subsidize their private insurance.
A problem the Republicans are rubbing up against right now. The regulatory changes in the newest version of AHCA helped reduce the projected uninsured by 1 million. It did so at a cost of 218 billion to the earlier savings. That comes out to be roughly 60,000 per person that was saved. And to do it they are reducing coverages and allowing greater out of pocket expenses.
Posted on 5/26/17 at 2:09 pm to bonhoeffer45
Lets not forget that the unisured rate went from 15% to 9%...that's great don't get me wrong.
But is that what was advertised and how effective was it for the cost? While blurring the humanitarian and economic effect is not ideal it is a reality.
But is that what was advertised and how effective was it for the cost? While blurring the humanitarian and economic effect is not ideal it is a reality.
Posted on 5/26/17 at 6:13 pm to bonhoeffer45
quote:
The ironic case study in the ACA is that we learned it is much cheaper to spend a dollar to give someone Medicaid then it is to spend a dollar to subsidize their private insurance.
But the private insurance reimburses the doctors enough to provide the level of care that you are demanding.
Medicaid? Not so much.
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