Courtesy of the Center on Budget and Policy Priorities:per CBO: Trump ending subsidies increases premiums 20% by 2018 and 25% by 2020. Deficit goes up $6b by 2018 and $21b by 2020,— Sam Stein (@samstein) October 13, 2017
Stopping cost-sharing reduction (CSR) payments to insurers under the Affordable Care Act (ACA), as President Trump has repeatedly threatened, would drive up federal marketplace subsidy costs, raise premiums, cause more insurers to withdraw from the marketplaces, and increase the number of uninsured next year, the Congressional Budget Office (CBO) found today. Key findings include:
Stopping CSR payments would raise federal budget deficits by $6 billion in 2018 and $194 billion over the next ten years, relative to current law, due to increased costs for the ACA’s premium tax credits for low- and moderate-income people to offset their rising premiums (see below).
Marketplace premiums for “silver-level” plans would rise by 20 percent, on average, in 2018. Premiums for such plans would be 25 percent higher in 2020 and thereafter, relative to current law.
Marketplace insurers in some states would withdraw from or not enter the marketplaces in 2018. As a result, the share of the nation’s population living in areas with no marketplace insurers would rise to 5 percent in 2018, up from less than 0.5 percent under current law.
The number of uninsured would rise by 1 million in 2018, relative to current law.
Trumpcare is about to crap all over the idiots that were moronic enough to vote for the tangerine flavored toddler.
I wonder if even THAT will finally wake up to what they have helped to create?
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