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Wednesday, 17 January 2018

Trump's first year in office saw 3.2 million more Americans without health insurance.

Courtesy of TPM:  

Over the course of President Donald Trump’s first year in office, the number of Americans without health insurance increased 1.3 percent—with 3.2 million more people uninsured, according to Gallup-Sharecare’s latest tracking report published Tuesday. 

It’s the largest one-year increase in the uninsured population since Gallup-Sharecare began the survey in 2008. 

The study noted “several factors” swelling the ranks of the uninsured, from increased premiums caused by insurance companies dropping out of the individual market to uncertainty around whether the Trump administration would enforce the individual mandate’s penalty for forgoing health insurance. Exacerbating both factors, the GOP-controlled Congress repealed the individual mandate in December, which is expected to hike premiums by an additional 10 percent or more. 

Premiums also went up significantly in 2017 when the Trump administration cut off cost-sharing reduction payments to insurance companies, though the vast majority of people on the individual market were shielded from the increase by a bump in their federal tax credits. 

Though the uninsured rate remains well below the high of 18 percent—the year before the Affordable Care Act went into effect—the increase in 2017 is the first reversal of several years of decline. And Gallup-Sharecare predict that the trend will continue, with more people dropping or losing their insurance coverage in the years to come.

Gee, who would have thought that constantly attacking Obamacare without having a better plan to take its place would have such a negative effect?

Oh that's right, the almost 66 million people who voted for his opponent.

Source http://ift.tt/2DdXjDn

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