A viciously tiny mind? — President Trump's ego-driven assault on ObamaCare
© 2017 Peter Free
13 October 2017
With President Trump, it is always about majestically bloated ego
Can't have a smart black man outdo the Orange Pufferoo — screw the massive turmoil that will result:
President Trump will scrap subsidies to health insurance companies that help pay out-of-pocket costs of low-income people, the White House said late Thursday. His plans were disclosed hours after the president ordered potentially sweeping changes in the nation’s insurance system, including sales of cheaper policies with fewer benefits and fewer protections for consumers.
The twin hits to the Affordable Care Act could unravel President Barack Obama’s signature domestic achievement, sending insurance premiums soaring and insurance companies fleeing from the health law’s online marketplaces. After Republicans failed to repeal the health law in Congress, Mr. Trump appears determined to dismantle it on his own.
Without the subsidies, insurance markets could quickly unravel. Insurers have said they will need much higher premiums and may pull out of the insurance exchanges created under the Affordable Care Act if the subsidies were cut off.
© 2017 Robert Pear, Maggie Haberman and Reed Abelson, Trump to Scrap Critical Health Care Subsidies, Hitting Obamacare Again, New York Times (12 October 2017) (excerpts)
Vox summarizes:
Trump wants to open more loopholes for more people to buy insurance outside the health care law’s markets, which experts anticipate would destabilize the market for customers who are left behind with higher premiums and fewer insurers.
The fear is that Trump’s action could lead to many association health plans being exempted from core Obamacare requirements like the coverage of certain essential health benefits.
It could also potentially allow some individuals to join these plans too, which could hurt the individual insurance marketplaces by drawing younger and healthier people away from them. In much the same way, short-term insurance could also take healthier people out of the law’s markets.
“It will destroy the small-group market,” Tim Jost, a law professor at Washington and Lee University who generally supports Obamacare, told me before the order was signed. “We’ll be back to where we were before the Affordable Care Act.”
© 2017 Dylan Scott, Trump’s executive order to undermine Obamacare, explained, Vox (12 October 2017) (excerpts)
The moral? — The Party of the Anti-Christ happily marches on
With its lucre-swilling alleged Moron in Charge.
Luciferian perfection.