Posted: 03/10/17 13:51
by Dave Mindeman
The GOP Health care bill is racing through Congress.
And remember Erik Paulsen, Jason Lewis, and Tom Emmer all really, really, really LOVE this bill. Really love it. They can't wait to vote for it.
In Minnesota, it appears that people who are living in the southern and western parts of the state will see the most dramatic decline in subsidies that help pay premiums. For instance: If you are 40 years old and make $30,000 annually and live in Pipestone County, you'll pay 44 percent more when it comes time to sign up for MNsure. That's because, for you, federal support to pay for health insurance through the exchange will go down 44 percent.
Hmmmm...wasn't it individual premium spikes that led Republicans to criticize Democrats on health care?
Subsidies? More analysis...
As for the cost-sharing subsidies available now under the ACA -- which can lower out-of-pocket costs for copays and other expenses for those earning between 100% and 250% of the federal poverty level -- those would be eliminated in 2020.
How many people lose coverage? More analysis...
But one early analysis from S&P Global Ratings estimated a decline in the insured of 6 million to 10 million people under the bill.
What will getting rid of individual mandate requirement do?....analysis
"On one hand, they're getting rid of the individual mandate [for most people to buy insurance], and that would have the effect of destabilizing the market and raising premiums."
And as usual, the simple bottom line on a comparison between what we have now and what the Republicans offer......
Cox's analysis shows that wealthier people get more help from the new Republican plan while lower income people benefit more from Obamacare.
And Emmer, Paulsen, and Lewis REALLY love this plan.