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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsVox - "The Senate GOP health bill in one sentence: poor people pay more for worse insurance" ...
...to pay for tax cuts for the rich.
https://www.vox.com/policy-and-politics/2017/6/22/15854614/senate-gop-health-bill-poor-pay-more
The Affordable Care Act didnt simply set subsidies based on income. It also tied them to a benchmark plan: the second-cheapest plan in a persons area that covers, on average, 70 percent of expected health costs. The ACAs promise was that, with help from subsidies, you wouldnt have to spend more than a set percentage of your income on health insurance if premiums rise in your area, so too will the subsidies.
The Senate GOPs health plan changes that structure in a few ways. First, it resets the benchmark plan to one that only covers 58 percent of expected health costs. Under Obamacare, the sparest plan that insurers can generally offer at all has to cover at least 60 percent of expected health costs so the plans subsidized by the GOP bill wont just have higher deductibles and less coverage than the plans at the center of the ACA; theyll have higher deductibles and less coverage than the plans at the bottom of the ACA.
Second, it increases the percentage of your income you can pay for a benchmark plan before its deemed unaffordable and additional subsidies kick in.
If all this sounds a bit in the weeds, heres the bottom line: Low-income Americans get less money to buy crummier insurance. In the GOP bill, the measure of what is affordable has gone up and the definition of what counts as decent insurance has gone down.
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Vox - "The Senate GOP health bill in one sentence: poor people pay more for worse insurance" ... (Original Post)
TomCADem
Jun 2017
OP
Chasstev365
(5,191 posts)1. Addition
in order to give the upper 1 % another tax cut!
SHRED
(28,136 posts)2. And rural red America couldn't care less
They are that dumb.
TomCADem
(17,390 posts)3. This is the new populism. Platforms that are hostile to the working class...
...are apparently very popular to the working class like tax cuts, and cuts in health care benefits.
SHRED
(28,136 posts)4. It's always going to affect "someone else"
Until it doesn't.
Self-centered nation.