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Health insurance premiums decrease huge


BOHICA

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Depending on the state it appears Trump administration has got a decrease in health insurance premiums huge decreases in premiums.  Something no president has ever accomplished before him.  Well done Mr president!!!

https://www.healthcarefinancenews.com/news/cms-says-health-insurance-premiums-down-15-percent-under-aca

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2 minutes ago, BOHICA said:

Depending on the state it appears Trump administration has got a decrease in health insurance premiums huge decreases in premiums.  Something no president has ever accomplished before him.  Well done Mr president!!!

https://www.healthcarefinancenews.com/news/cms-says-health-insurance-premiums-down-15-percent-under-aca

Did you read why? Jesus you guys are idiots. Your taxes are going up to support the subsidies thus the drop.

The most significant is the administration's allowance of silver loading, at least for 2019. In August, CMS issued new guidance for insurers to apply the full premium increase to silver marketplace plans to make up for the loss of their cost-sharing reduction payments. President Trump ended the CSRs.

The majority of consumers are not harmed, because nine out of 10 who buy plans in the ACA market get tax subsidies.

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42 minutes ago, BOHICA said:

So the subsidies/cost share payments just increased the cost of insurance.  Once they were eliminated by trump the premiums dropped...  thanks for point that out MC!!!

Shifting the increase to taxpayers is not a savings.....even you know this.

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