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Reply to "Trump to gut ACA via executive order"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]per CBO: Trump ending subsidies increases premiums: 20% by 2018 25% by 2020 Deficit goes up $6b by 2018 and $21b by 2020,[/quote] But premiums were going up at that rate anyway. [/quote] At 20% a year?? Name the plan and state, please. [/quote] Virginia. Mine went up 17% in July[/quote] Just like America’s pricey waistline. [/quote] Before Obamacare, we paid a total of 700/mo. Now that goal is 2700/mo[/quote] I paid $400 for an individual plan before Obamacare, and now pay more than $800. But that's for a plan with twice the deductible. If I wanted a plan comparable to the $400 plan, it was $1080. Almost tripled in three years! [/quote] Thank goodness you didn't get a catastrophic illness pre ACA. You would've been hosed. Pre ACA, I couldn't get insurance. Now I can. There are two sides to this. Yes, it needs fixing. But, what Trump is proposing will hurt others. You want to go back to a system that prevented others from getting insurance; ACA is costing you a fortune. What is the answer for ALL Americans? That is what a leader is supposed to address, not just your (or my) status.[/quote] The answer is to address the cost of medical care itself. The problem is that the medical industry has paid off Congress to look away. There is no way I should have to pay $150 for a microscopic bottle of eye drops (a 10-day supply), or $2000 for a routine culture (I negotiated it down), or $400 for a 10-minute visit to a specialist. Ironically, if we cover everything, the costs go up because the end consumer isn't paying for it (via insurance) and doesn't care. If car insurers were require to reimbuse for oil changes, the mechanics would be charging $200. The answer is to make people more sensitive to costs, and force providers to bring their prices down to the "true" cost. And people are only sensitive to costs that they have to pay for. [/quote] DP. The main thing is that there needs to be cost controls. Cost sensitivity is of limited use when there's almost no ability to comparison shop. Many medical facilities won't even give you a price until your procedure is over. [/quote]
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