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TomCADem

(17,390 posts)
Sat Jun 24, 2017, 12:56 PM Jun 2017

Vox - "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 didn’t simply set subsidies based on income. It also tied them to a “benchmark plan”: the second-cheapest plan in a person’s area that covers, on average, 70 percent of expected health costs. The ACA’s promise was that, with help from subsidies, you wouldn’t 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 GOP’s 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 won’t just have higher deductibles and less coverage than the plans at the center of the ACA; they’ll 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 it’s deemed unaffordable and additional subsidies kick in.

If all this sounds a bit in the weeds, here’s 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
Addition Chasstev365 Jun 2017 #1
And rural red America couldn't care less SHRED Jun 2017 #2
This is the new populism. Platforms that are hostile to the working class... TomCADem Jun 2017 #3
It's always going to affect "someone else" SHRED Jun 2017 #4

TomCADem

(17,390 posts)
3. This is the new populism. Platforms that are hostile to the working class...
Sat Jun 24, 2017, 01:00 PM
Jun 2017

...are apparently very popular to the working class like tax cuts, and cuts in health care benefits.

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