Posted on 02/16/2019 12:22:52 PM PST by re_tail20
A White House study released on Friday found that President Donald Trump’s Obamacare reforms will save Americans roughly $450 billion over the next ten years.
A White House Council of Economic Advisers (CEA) study released on Friday found that Americans will save $450 billion through Trump’s Obamacare reforms. The CEA suggested that Trump’s repeal of the Obamacare individual mandate and the expansion of short-term insurance plans and Association Health Plans (AHPs) will save Americans billions over the next ten years.
The White House also suggested that the benefits of Trump’s deregulatory actions saved Americans billions, increased access to more health insurance options, and did not amount to a “sabotage” of the Affordable Care Act (ACA).
President Trump signed an executive order in October 2017 which expanded short-term limited-duration health insurance plans.
Short-term plans allow for Americans to keep their plans for up to 364 days and to renew their plans for up to three years. Because short-term plans do not have to comply with many Obamacare insurance regulations, insurance companies can offer more customized and cheaper plans compared to the individual market.
Trump also expanded AHPs, which offer businesses and workers more affordable health insurance options. AHPs are health insurance pools sponsored by an industry, trade, or professional association that provides health coverage to their members.
Land O’ Lakes, which created the nation’s first AHP, said that their plans were roughly 50 percent less expensive compared to Obamacare plans.
The CEA estimated that five million Americans will choose an AHP or a short-term plan as the result of the Trump administration’s health care executive orders. The study also suggested that another five million will benefit as the result of the repeal of Obamacare’s individual mandate.
Many Americans have contended that because 80 percent of those who paid the Obamacare mandate...
(Excerpt) Read more at breitbart.com ...
Bingo, the wall is paid for many times over.
Best election, best POTUS, evah!
Over how long?
$450 billion one decade and $450 billion another decade, pretty soon we’re talking real money.
If Ryan was in the house it would never come to a vote, forget it until after 2020 it will never see the light of day with the RATS in charge.
Paid for by higher premiums for the rich, as usual.
Short-term plans allow for Americans to keep their plans for up to 364 days and to renew their plans for up to three years. Because short-term plans do not have to comply with many Obamacare insurance regulations, insurance companies can offer more customized and cheaper plans compared to the individual market.
Trump also expanded AHPs, which offer businesses and workers more affordable health insurance options. AHPs are health insurance pools sponsored by an industry, trade, or professional association that provides health coverage to their members.
Land O’ Lakes, which created the nation’s first AHP, said that their plans were roughly 50 percent less expensive compared to Obamacare plans.
As I've been saying since this monstrosity known as Obamacare was passed, the biggest opportunity for reducing premiums is to let people and groups buy insurance plans that don't have to meet all the stupid requirements of Obamacare.
Before looking, I had the slight suspicion this wasn’t a CNN story.
Sounds good, but check out the actual state of affairs...”Associations” not available in most places (state insurance commissioner/board has final say). Not available in CA for example. As far as short-term insurance goes, similar situation...not available in CA (dental/vision only) and in the states that allow it prices in the $350.-$400./month range for a $12,500.00 deductible. Better off with a “Christian Health Share”.
The best chance to remove ACA/Obamacare “root and branch” (thanks for nothing Turtle McConnell & RINO Ryan) was in Pres. Trumps’ 1st 2 years.
Oh, no fears, CA is going to socialized Med. I intend to stay on Liberty healthshare and go to doctors who respect fee for service and hate dealing with the state!
I noticed that the socialists on the left side of my state just limited short term policies to three months and only once a year.
We are considering “Liberty” also (to “bridge” us to Medicare ~4 yrs.)...you like them? Any major issues?
If $1.5 billion builds 55 miles of wall, then that’s more than enough to build a wall across both our southern and northern borders!
Moar walls!
The GOP never had any intention of repealing the ACA.
The ACA basically screws younger people for the benefit of older people. Look at the age and demographic data on the voters who support each major party and you'll see why the GOP hasn't touched it.
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