And GOP Congressmen should be hearing about this at town halls:
Blue Cross cited several reasons for its request. One is an increase in medical costs, including for doctors fees, hospital services and medicines, which the insurer cites every year it seeks rate increases. The company also blamed the increase on a higher tax on insurers next year.
But the biggest cause is the looming elimination of “cost sharing reductions” in the Republican alternative to the ACA. These reductions offer additional subsidies on deductibles and other out-of-pocket costs to lower-income people whose household incomes are between 100 percent and 250 percent of the federal poverty level.
At the core of the Affordable Care Act was a mutual understanding between government and citizens: You pay, we'll pay. While it's far from perfect, that cooperative effort has provided millions of families with the coverage they desperately needed, while greatly reducing the amount of unpaid medical bills. Until now. Republicans claimed they were trying to make health care more affordable to citizens, but that is not even on their radar. What they're really trying to do is get rid of one side of that agreement, the government's half. And they're doing it so they can force even bigger tax cuts for the wealthy. Whether you lose your insurance, or end up paying 3 times as much for lesser coverage, that doesn't really matter to them. YOYO, as my dad used to say. You're on your own.
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