"For 18 long minutes Wednesday evening, we were subjected to a rant by President Trump that predictably careened from immigrants (bad) to jobs (good), rarely slowing down for reality. But jumbled between the vitriol and venom was a vision of American healthcare that would have horror villainess M3GAN shaking in her Mary Janes - a vision that we all should be afraid of because it would take us back to a dark era when insurance couldn't be counted on."
"The money he vaguely was alluding to is the government subsidies that make insurance under the Affordable Care Act affordable. After antics and a mini-rebellion by four Republicans also on Wednesday, Congress basically failed to do anything meaningful on healthcare - pretty much ensuring those subsidies will disappear with the New Year. Starting in January, premiums for too many people are going to leap skyward without the subsidies, jumping by an average of $1,016 according to the health policy research group KFF."
Premium subsidies under the Affordable Care Act are set to expire at year-end, which will raise premiums—KFF estimates an average increase of $1,016. Congressional inaction after internal Republican conflict failed to preserve the subsidies. The proposed alternative promises lower premiums through weaker coverage, shifting cost savings to consumers while reducing benefits and protections. Loss of ACA protections could allow insurers to return to denying coverage or charging more for preexisting conditions. Past practices included excluding common conditions like asthma or colitis. The change would risk making insurance unaffordable or inadequate for many Americans.
Read at Los Angeles Times
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