Peter1469
02-25-2017, 09:55 AM
How To Replace ObamaCare And Save Social Security (http://www.investors.com/politics/policy-analysis/a-plan-to-replace-obamacare-and-save-social-security/)
Here is an interesting article about a social security fix working with an ACA fix (especiallly with costs for older people). It seems to split the baby between the Dem's goal of having the young pay for the old and the Rep goal of getting the young cheaper insurance that they can use.
Social Security's day of reckoning is a dozen years away, according to the Congressional Budget Office. ObamaCare may be headed for crisis as early as next year. Here's how to save both, offering more affordable coverage and preserving the old-age safety net — without breaking the Treasury.
ObamaCare was sick and in need of major surgery no matter who won the election, but with the Trump administration unwilling to promote enrollment or step up enforcement of the individual mandate, the exchanges could be headed for a crisis.
Humana (HUM (http://research.investors.com/stock-quotes/nyse-humana-inc-hum.htm)) said on Feb. 14 that it's making a complete exit. UnitedHealth (UNH (http://research.investors.com/stock-quotes/nyse-unitedhealth-group-inc-unh.htm)) and Aetna (AET (http://research.investors.com/stock-quotes/nyse-aetna-inc-aet.htm)) already have one foot out the door, while Anthem (ANTM (http://research.investors.com/stock-quotes/nyse-anthem-inc-antm.htm)) and Molina (MOH (http://research.investors.com/stock-quotes/nyse-molina-healthcare-inc-moh.htm)) won't commit to sticking around in 2018.
Democrats may be tempted, watch ObamaCare unravel and let the GOP reap the whirlwind, but they have an obligation to play a constructive role. Even before this year's enrollment decline, the pool of customers was too small, too old and too costly, and premiums have soared as a result.
Here's ObamaCare's harsh reality (http://www.investors.com/politics/policy-analysis/why-obama-is-wrong-about-obamacare-in-one-chart/): Even among working-class households earning 150% to 250% of the poverty level, supposedly the law's big beneficiaries, just 1 in 3 people who lack insurance from other sources are getting coverage that will protect them from financial disaster. Most of the other two-thirds are uninsured, either because they or a spouse work full time and don't qualify for exchange subsidies, or else they've spurned subsidized bronze plans that carry $6,000-$7,000 deductibles.
Yet here's the truth about Republican repeal-and-replace plans: They all give a better deal to young, healthy and middle-class insurance shoppers by making health care unaffordable for older, higher-cost and low-income individuals. For a 64-year-old, low-income couple, the same plan that costs $1,000 under ObamaCare could cost $18,000 under new Department of Health and Human Services Secretary Tom Price's Empowering Patients First plan (http://www.investors.com/politics/policy-analysis/a-big-obamacare-reality-check-for-trump-in-one-chart/).
Here is an interesting article about a social security fix working with an ACA fix (especiallly with costs for older people). It seems to split the baby between the Dem's goal of having the young pay for the old and the Rep goal of getting the young cheaper insurance that they can use.
Social Security's day of reckoning is a dozen years away, according to the Congressional Budget Office. ObamaCare may be headed for crisis as early as next year. Here's how to save both, offering more affordable coverage and preserving the old-age safety net — without breaking the Treasury.
ObamaCare was sick and in need of major surgery no matter who won the election, but with the Trump administration unwilling to promote enrollment or step up enforcement of the individual mandate, the exchanges could be headed for a crisis.
Humana (HUM (http://research.investors.com/stock-quotes/nyse-humana-inc-hum.htm)) said on Feb. 14 that it's making a complete exit. UnitedHealth (UNH (http://research.investors.com/stock-quotes/nyse-unitedhealth-group-inc-unh.htm)) and Aetna (AET (http://research.investors.com/stock-quotes/nyse-aetna-inc-aet.htm)) already have one foot out the door, while Anthem (ANTM (http://research.investors.com/stock-quotes/nyse-anthem-inc-antm.htm)) and Molina (MOH (http://research.investors.com/stock-quotes/nyse-molina-healthcare-inc-moh.htm)) won't commit to sticking around in 2018.
Democrats may be tempted, watch ObamaCare unravel and let the GOP reap the whirlwind, but they have an obligation to play a constructive role. Even before this year's enrollment decline, the pool of customers was too small, too old and too costly, and premiums have soared as a result.
Here's ObamaCare's harsh reality (http://www.investors.com/politics/policy-analysis/why-obama-is-wrong-about-obamacare-in-one-chart/): Even among working-class households earning 150% to 250% of the poverty level, supposedly the law's big beneficiaries, just 1 in 3 people who lack insurance from other sources are getting coverage that will protect them from financial disaster. Most of the other two-thirds are uninsured, either because they or a spouse work full time and don't qualify for exchange subsidies, or else they've spurned subsidized bronze plans that carry $6,000-$7,000 deductibles.
Yet here's the truth about Republican repeal-and-replace plans: They all give a better deal to young, healthy and middle-class insurance shoppers by making health care unaffordable for older, higher-cost and low-income individuals. For a 64-year-old, low-income couple, the same plan that costs $1,000 under ObamaCare could cost $18,000 under new Department of Health and Human Services Secretary Tom Price's Empowering Patients First plan (http://www.investors.com/politics/policy-analysis/a-big-obamacare-reality-check-for-trump-in-one-chart/).