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wishstar

(5,272 posts)
6. Three main reasons fewer people will be covered:
Tue Mar 21, 2017, 03:28 AM
Mar 2017

Three main reasons fewer people will be covered:

Medicaid expansion will end with millions fewer covered by Medicaid. Without current subsidies and instead just getting once a year tax credit after filing tax return, it is unlikely most of them could afford to maintain insurance coverage and if they fail to pay a couple of months, their premiums would greatly increase permanently, making coverage even more expensive.

Insurance companies would be allowed to charge much higher premiums for those over 50 years old, while tax credits are drastically less than current subsidies, so premiums would be unaffordable to millions of older people between age 50 and 65 who are not yet old enough for Medicare.

Currently employers with 50 or more people are mandated to cover them and are given tax credits, but new plan eliminates employer mandate and credits, so many employers will drop coverage causing people to go without health insurance since many will opt out due to higher premiums, lack of adequate subsidies and no mandate requiring that they obtain health insurance.

Supposedly Repub plan is being revised to increase tax credits, but details aren't clear yet.


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