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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe combination of cruelty and incompetence boggles the mind (#Trumpcare)!!--IMMORAL!!
I am simply going to just call it immoral from now on.
RiskyLiberal Retweeted
Paul Krugman? Verified account @paulkrugman 55m55 minutes ago
The combination of cruelty and incompetence boggles the mind https://www.healthinsurance.org/repeal-and-replace/will-repeal-and-replace-implode/
Link to tweet
Will repeal and replace implode?
Republicans just proposed a $12,900 annual premium increase on low-income 64-year-olds. A shambolic performance.
By Harold Pollack
healthinsurance.org contributor
March 14, 2017
Will repeal and replace implode?
The American Health Care Act (AHCA) is House Republicans bill to repeal and replace the Affordable Care Act. The bill is also politically self-immolating. I just dont understand what Republicans are trying to do here.
The Congressional Budget Office (CBO) is the closest we have to a nonpartisan referee who can fairly assess the likely impact of complicated legislation. Although its director was hand-picked by Speaker Ryan and the Republican majority, CBO has admirably retained its professional independence. Thats especially important in this polarized time.
Brutal from political and human perspectives
CBOs official score of AHCA was released this afternoon. Ill let my buddy Charles Gaba give the details. Briefly put, CBOs numbers are brutal from both a political and human perspective. If the AHCA passes as written, by the end of next year, fourteen million fewer Americans will have health insurance. Twenty-four million more people will be uninsured by 2026.
And the bad news keeps coming. Table 4 of CBOs report describes the impact of AHCA on nongroup health insurance premiums. As I read the table, a 64-year-old with a yearly income of $26,500 would see his annual net premium increase from $1,700 to a whopping $14,600and this for a markedly less generous plan.
How the AHCA will make health insurance harder to pay for.
Whatever the policy issues, a $12,900 premium increase on low-income 64-year-olds is political suicide. If this actually happened, Republicans would be destroyed at the polls next November. This was utterly predictable, too, given the main features of the Republican bill.
A shambolic legislative process
Source: https://www.healthinsurance.org/repeal-and-replace/will-repeal-and-replace-implode/
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gratuitous
(82,849 posts)The CBO said that Social Security alone will save $3 billion in outlays in 2018 if the Republican plan is enacted. Three billion dollars! That's not chump change. How will the savings be realized, you may wonder? Well, keep wondering, because Republicans aren't going to tell you it's because a whole bunch of people won't be around next year to collect their benefits, because, uh, because, they're going to, uh, because they're all going to win the lottery! Or something else. But some of them could definitely win the lottery, and you libruls don't want people to win the lottery because you all hate America.
Negatives waves; always with the negative waves.