Monday 16 October 2017

Monday Numbers: The devastation of Trump's attack on ACA subsidies

No matter how you slice it, this is incredibly bad for most Americans:

25—percentage increase projected by the Congressional Budget Office in health premiums for medium-cost plans on the ACA health exchanges when cost-sharing subsidies under the heath care law are eliminated.

200 billion—amount in dollars of the increase in the federal budget deficit over the next 10 years the CBO projects when cost-sharing subsidies under the Affordable Care Act are ended.

1 million—number of Americans the CBO projects will lose coverage when cost-sharing subsidies under the Affordable Care Act end because of no insurance carriers in their markets.

For every action there's a reaction, and sometimes that reaction is much greater than the action, and not just "equal and opposite." The domino effect from pulling even one of the critical elements out of the ACA could be catastrophic, and you can look to NC's refusal to expand Medicaid as proof if you need it.


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