I am no fan of the GOP’s Obamacare replacement plan, but as an engineer I always must evaluate the ‘do-nothing’ option. The Congressional Budget Office has said that under the replacement plan, 24 million people will lose health-care coverage by 2026. But how many people will lose their coverage under Obamacare by 2018?
With Aetna, BlueCross BlueShield, Humana and United Healthcare opting out of the health-care marketplace, how many people will lose their health insurance next year? Just as important, with fewer choices the law of supply and demand kicks in, and the cost for those on Obamacare will skyrocket. How many people will opt out of Obamacare because they cannot afford to pay the premiums (and even if they could, the deductibles would be so how, they might as well be uninsured)? The CBO needs to evaluate the number of people who have health insurance but cannot afford to pay for health-care services.
As written, the Affordable Care Act offers tax credits to those in the state exchanges. How many people would forego paying for health insurance if President Trump simply signed an executive order to execute the law as written? The Democrats who passed the law would have to watch all those people who live in states without health-care exchanges lose their coverage, too.
Newport News, Va.
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