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Eric J in MN

(35,619 posts)
Sun Jan 22, 2017, 12:34 AM Jan 2017

The number of people with health insurance may go up under Trump.

Trump wants to get rid of Obamacare regulations and to let insurers sell across state lines.

If that happens, then insurance companies will incorporate in a Republican state with little insurance regulation. Then they will offer cheap, garbage plans in every state.

Lots of people will buy health insurance, attracted to the low price of $500/year (for example.) They will later find out that the plan has a coverage limit of $50/year (for example.)

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Eric J in MN

(35,619 posts)
3. If insurance companies are de-regulated, then they can sell anyone
Sun Jan 22, 2017, 12:48 AM
Jan 2017

...a garbage plan which always covers less than the premiums. Including someone with pre-existing conditions.

 

Trust Buster

(7,299 posts)
4. Without an individual mandate, people won't buy in the numbers you suggest. And no, the insurance
Sun Jan 22, 2017, 12:51 AM
Jan 2017

companies won't touch pre-existing conditions without the revenue offset of a larger, healthier insurance pool provided by the individual mandate.

hibbing

(10,095 posts)
7. I hadn't thought of this
Sun Jan 22, 2017, 01:45 AM
Jan 2017

Thanks for your observation and I could certainly see that happening. Then our corporate media will tell the half truth like they have a tendency to do.


Peace

Hamlette

(15,411 posts)
8. they will have to get rid of lots of O-care provisions
Sun Jan 22, 2017, 02:30 AM
Jan 2017

like, not making a profit or more than 15% and the requirements they cover pre-existing and you can't offer a policy that does nothing.

PoindexterOglethorpe

(25,839 posts)
9. I've been trying to figure out the various complaints
Sun Jan 22, 2017, 02:46 AM
Jan 2017

I've been hearing about how awful and dreadful the ACA is. Recently I heard a clip of a woman saying how her monthly premium has gone up from about $500/month to over $1,000/month, and I'm frustrated because I want more information. Isn't she eligible for subsidies? Exactly what kind of coverage did she have before the ACA? Was it one of those crap plans that was cheap but had an enormous deductible, a relatively low lifetime limit, and lots of things not covered at all?

Specifics, folks, specifics.

Eric J in MN

(35,619 posts)
10. NYT editorial today
Sun Jan 22, 2017, 05:15 PM
Jan 2017

Americans "would have to pay less up front for these skeletal policies than they do now for comprehensive coverage. But over time, when people need health care to recover from accidents, treat diabetes, have a baby or battle addiction, they will be hit by overwhelming bills. The Trump administration seems perfectly willing to sell those people down the river with false promises."

https://www.nytimes.com/2017/01/21/opinion/sunday/the-republican-health-care-con.html?_r=1

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