Health Insurance companies are increasing premiums, two, three, even four times.
Have costs increased fourfold?
@PNS It's a money grab, always has been.
Everyone'll lose health coverage under Trump and the GOP.
That should kill the option to vote for non-Dems off for the rest of time.
The Republicans would be smart to point out just how much money is being spent on healthcare in the US compared to countries that have single payer systems, and keep on pushing the fact that the Democrats had a supermajority in the Senate, as well as the presidency the house and the supreme Court at the time that the current regime was created.
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If you’re talking about the Obamacare policies specifically, the reason the premiums are jumping has a lot to do with the dropping of COVID subsidies that were sold to be temporary to get through COVID. The political trick the Dems use is to initially make the spending temporary to keep the multi-year costs down. By rule the budget rules score costs over 10 years. So when you introduce a bill with a bunch of spending programs, limiting some new expensive spending to, say, 3-5 years cuts its impact on the 10 year scoring making it look like the program is cheaper than it is, Then when the expensive program expires you scream bloody murder that it has to be extended because you never really intended for it to be temporary in the first place. You were just lying to get it passed.
This is how multi trillion dollar annual deficits happen. This is just one such spending program. Never let a crisis to go waste. Use it to justify “temporary“ spend that never goes away by playing games with the budget rules.
There are other reasons those policies go up a lot (namely required coverages d bad risk pools) but right now this is the big reason.
This is how multi trillion dollar annual deficits happen. This is just one such spending program. Never let a crisis to go waste. Use it to justify “temporary“ spend that never goes away by playing games with the budget rules.
There are other reasons those policies go up a lot (namely required coverages d bad risk pools) but right now this is the big reason.