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No Magic in How G.O.P. Plan Lowers Premiums: It Pushes Out Older People
The New York Times ^ | 14 March 2017 | Margot Sanger-Katz

Posted on 03/14/2017 12:41:15 PM PDT by Theoria

There are a lot of unpleasant numbers for Republicans in the Congressional Budget Office’s assessment of their health care bill. But congressional leadership found one to cheer: The report says that the bill will eventually cut the average insurance premiums for people who buy their own insurance by 10 percent.

House Speaker Paul Ryan pressed that point in a series of appearances Monday night, suggesting that the budget office had found that the House bill would increase choice and competition and lead to lower prices. The Senate majority leader, Mitch McConnell, issued a statement saying, “The Congressional Budget Office agrees that the American Health Care Act will ultimately lower premiums and increase access to care.”

But the way the bill achieves those lower average premiums has little to do with increased choice and competition. It depends, rather, on penalizing older patients and rewarding younger ones. According to the C.B.O. report, the bill would make health insurance so unaffordable for many older Americans that they would simply leave the market and join the ranks of the uninsured.

The remaining pool of people would be comparatively younger and healthier and, thus, less expensive to cover. Other changes would help make health insurance skimpier — cheaper, but with deductibles that are higher than those criticized by Republicans under Obamacare.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Health/Medicine; Society
KEYWORDS: healthinsurance; obamacare; premium; ryancare; trumpcare; trumpryanplan; trumpryanteam
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1 posted on 03/14/2017 12:41:15 PM PDT by Theoria
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To: Theoria

I wish Donald Trump would go back on offense.

Tomorrow morning he needs to tweet out: “We are going to save billions on Health Insurance by making it illegal for Hillary Supporters to have it.”

Retake the news cycle. It was working there for a while.


2 posted on 03/14/2017 12:45:57 PM PDT by Tenacious 1 (You couldn't pay me enough to be famous for being stupid!)
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To: Theoria

Least of all the Slimes but I don’t believe anyone about this health care mess.

They are all playing smoke and mirrors. Including Trump.

This is another political and amateur mess with the sheeple the losers.


3 posted on 03/14/2017 12:46:43 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: Tenacious 1

Just say no illegals can be covered.


4 posted on 03/14/2017 12:47:25 PM PDT by jch10 (President Trump, President Trump, President Trump! I just love saying that!)
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To: Theoria

The NYT is a fake news source.


5 posted on 03/14/2017 12:47:44 PM PDT by Parley Baer
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To: Theoria
“It depends, rather, on penalizing older patients and rewarding younger ones.”

Now isn't that just so very special, I'll pass on that one. They just need to Repeal o’care and go home.

Term Limits,

One term in office

Two terms in jail!

6 posted on 03/14/2017 12:49:20 PM PDT by EXCH54FE (Hurricane 416,Feisty Old Vet !!)
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To: Sequoyah101
It worries me that Trump has given Ryan the lead on this. You can't trust Ryan on anything. They are making it way too complex, and this still fixes nothing.

We have long term problems, and they are refusing the address such concerns. This is the time to do this, and they are losing it.

7 posted on 03/14/2017 12:49:29 PM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Parley Baer

So is .gov and the GOP.


8 posted on 03/14/2017 12:49:49 PM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Theoria

Obamacare pushed us out. We’re 63 and saved well over $40k in insurance premiums since it took effect.


9 posted on 03/14/2017 12:53:20 PM PDT by Mr. Douglas (Best. Election. EVER!)
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To: Theoria

I’m really getting pissed the way the #fakejournalists at the #fakeNewYawkTimes and other #newssources keep dragging “the elderly” and Medicare (NOT TO BE CONFUSED WITH MEDICAID) into the ObamaCare fight.


10 posted on 03/14/2017 12:55:03 PM PDT by FlingWingFlyer (I tried being reasonable, I didn't like it. - Clint Eastwood)
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To: Theoria

“... 20 percent to 25 percent higher for a 64-year-old.”
WHO IS ABOUT TO GO ON MEDICARE!

A stupid, biased article.

I think it was smart to let Ryan lead, since the first draft would be savaged by everyone, and unfairly explained.


11 posted on 03/14/2017 1:02:18 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: jch10

That’s what Ryancare is trying to fix about Obamacare, making it easier for illegal aliens to get coverage.


12 posted on 03/14/2017 1:24:53 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: Theoria

“penalizing older patients and rewarding younger ones”

Uncle Sam is going to be handing out tens of billions annually.

Can I be “penalized” with a $3,000/year gift please?

That would make me $3,000/year better off than under the current PPACA.


13 posted on 03/14/2017 1:28:17 PM PDT by Brian Griffin
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To: Theoria

14 posted on 03/14/2017 1:35:29 PM PDT by Grampa Dave ( The Revolution is not over. It will not be over until Trump is Re-Elected again in 2020!!!)
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To: Theoria

The difference is this. The ACA was structured to shift the cost of insuring older patients onto younger patients. The GOP shifts more of the cost of older patients back onto older patients making it more affordable for younger patients. All you have to do is switch a couple of words around.
Like this:

The GOP Plan: But the way the bill achieves those lower average premiums has little to do with increased choice and competition. It depends, rather, on penalizing older patients and rewarding younger ones. According to the C.B.O. report, the bill would make health insurance so unaffordable for many older Americans that they would simply leave the market and join the ranks of the uninsured.

The ACA: But the way the bill achieves those lower average premiums has little to do with increased choice and competition. It depends, rather, on penalizing younger patients and rewarding older ones. According to the C.B.O. report, the bill would make health insurance so unaffordable for many younger Americans that they would simply leave the market and join the ranks of the uninsured.


15 posted on 03/14/2017 1:45:18 PM PDT by DugwayDuke ("A man hears what he wants to hear and disregards the rest")
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To: Theoria

Older people have Medicare. What is the problem?


16 posted on 03/14/2017 1:59:34 PM PDT by jonrick46 (The Left has a mental illness: A totalitarian psyche.)
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To: Theoria

The NYT puts a loaded gun to it head and says, “Don’t laugh...you’re next!”.


17 posted on 03/14/2017 2:04:36 PM PDT by Redleg Duke (He is leading us in Making America Great Again!)
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To: Theoria

10% is no cut, especially amortized over ten years. That means my wife’s monthly premium will take ten years to drop from $800+ a month, to $720+ a month. We can’t afford that either. Before Obamacare, it was $400 a month, and her employer paid half of that. Her employer dropped the insurance altogether, and her premium instantly doubled, and the went up by a hundred bucks ever six months.

That’s not “affordable”, I don’t care what they name the bill.

RyanOcare is likely to be worse than Obamacare.


18 posted on 03/14/2017 2:06:45 PM PDT by FrankR (FULL REPEAL, OR NO DEAL)
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To: Tenacious 1
I wish Donald Trump would go back on offense.

me too and I think he is planning several public rallies in the coming days, currently he's busy working over congress behind closed doors, stay tuned, I think we'll get our wish fulfilled soon!

19 posted on 03/14/2017 2:31:09 PM PDT by Mister Baredog (AP Headline: Global Warming found on Mars, it's Trumps fault!)
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To: FrankR

Premiums will always go up, just as they did before Obamacare. This 10% thing is fiction.


20 posted on 03/14/2017 3:32:01 PM PDT by Wolfie
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