Paul Ryan: 60 Year Olds Choose to Pay $7,000 Per Year More on Coverage
My impression on Paul Ryan is that he’s totally sincere. He’s an Ayn Rand True Believer he believes that the market beats the government on everything. There is nothing the market wouldn’t do better than the government if the government will just ‘get out of the market’s way.’
This ideological belief is impervious to any boring empirical data. But this also makes it clear: there is no way to reason with an extremist libertarian ideologue, you just have to defeat him.
He believes Obamacare is this disaster that is imploding as we speak because it has to be: after all, government run healthcare must lead to this. Unless it’s the government healthcare he and other members of Congress receive.
He and the other GOPers in the House pushing Trumpcare wax almost poetically about the Beauty of Choice in ‘people’s healthcare decisions.’
This suggest that some people would choose to not have adequate health insurance when they need it.
“We’re presenting an analysis here of the net financial impact of the Republican bill on premiums, after tax credits, plus cost-sharing. We estimate that the bill would increase costs for the average enrollee by $1,542, for the year, if the bill were in effect today. In 2020, the bill would increase costs for the average enrollee by $2,409.”
“We provide the figure for 2020 because that’s when the Republican tax credits would go into effect; we provide a figure for this year so that readers can get a sense of how the plan might affect their situation were it implemented today. Importantly, the gap between costs under the ACA and under the Republican bill would grow over time.”
“In general, the impact of the Republican bill would be particularly severe for older individuals, ages 55 to 64. Their costs would increase by $5,269 if the bill went into effect today and by $6,971 in 2020. Individuals with income below 250 percent of the federal poverty line would see their costs increase by $2,945 today and by $4,061 in 2020.”
Meanwhile, Trump and Ryan sure sound confident in their preliminary dismissal of the coming CBO scoring. It’s clear that whatever the CBO will say it won’t be good regarding Trumpcare.
“House Speaker Paul Ryan said he fully expects the CBO analysis, set to be released as early as Monday, to find less coverage since the GOP plan eliminates the government requirement to be insured.”
“What we’re trying to achieve here is bringing down the cost of care, bringing down the cost of insurance not through government mandates and monopolies but by having more choice and competition,” Ryan, R-Wis., said on Sunday. “We’re not going to make an American do what they don’t want to do.”
Basically his plan is to bring down the costs of the healthy at the expense of the sick. It offends him that the healthy should pay for the sick, but that’s sort of the whole point of insurance. How can an insurance company survive on only sick people?
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