Delay in court case deepens health insurance uncertainty
- Author: Sidney Guerrero May 27, 2017,
May 27, 2017, 8:28
But the health care bill simply can not amount to nothing on the one hand and be a plague on the population on the other.
House Minority Leader Nancy Pelosi complained the delay exacerbates "uncertainty in the health coverage of millions of Americans". There's got to be certainty in the marketplace. It even started long before him with Congress making rules by which insurance companies must operate and we who must purchase a competitive free market product.
The Trump administration could immediately halt the payments if it dropped the appeal, and the effect of that likely would devastate the marketplaces since the insurers' contracts allow them to drop out right away in such a situation.
Millions of people are opting to pay the Obamacare fines rather than buy the mandated health insurance plans, quickening Obamacare's death spiral.
"We agree with Rep. Mike Gallagher, a Republican from Wisconsin who told a local Wisconsin radio program: ".so I just would urge both sides to just lay down the traditional kind of political weapons if we can because this is a really complex topic and we need serious people working together to fix it". To this day there are still 28 million people uninsured, and a lot of the coverage on the ObamaCare exchanges is lousy, with sky-high deductibles and massive out-of-network bills.
The payments help to offset costs incurred by insurers to provide low-income Americans with affordable healthcare coverage. They point out that, whereas the ACA penalizes people for not having insurance on an ongoing basis, the AHCA penalty kicks in only when people try to buy coverage after a break.
Rain later today; Chance of storms Sunday
THURSDAY NIGHT: Partly cloudy skies and cool temperatures will be around with a low temperature of 53 degrees. We should spend most of the day in the 60s, and we may even see temperatures fall off throughout the day.
When we feel generally healthy and expect to remain so, it makes a lot of sense to think about purchasing health insurance created to help out on the rare occasion of a large unexpected expenditure for major injury or illness.
"Today's delay in committing to cost-sharing payments will force millions of people across the country to pay 20 percent more for their coverage - a Trump tax - exclusively because of the deliberate uncertainty created by the president and his allies". Last month, the ousted Molina Health (MOH) CEO, Dr. J. Mario Molina, threatened to completely pull out of the exchanges if the government did not continue funding cost-sharing reductions.
And that means insurers have to raise premiums substantially to make up for the potential loss of CSR payments.
Since voters turned the entire government over to Republicans, the only thing GOP lawmakers have managed to deliver is a big whopping legislative goose egg.
With that legislation stalled, support for Republicans on the issue began to rise again, up to 39 percent in mid-April.
But McConnell and other senior GOP leaders have thus far indicated no public interest in such a move.
During the negotiations in 2009, ObamaCare was viewed as a sort of permanent compromise between the left-wing dream of universal health care, and the fact that private insurers and medical providers have sunk deep roots in the country (including into many Democratic members of Congress). It was a (theoretically) universal system that could accommodate conservative market ideology.