AARP -Trump plan is tax on those over 50.
http://www.foxbusiness.com/features...althcare-price-hikes-for-older-americans.html
Both sides of this debate make me so sad at times.
Why put the $500,000 rule in? Just so stupid.
And do we really think CEO salaries have any meaningful impact on expense and trend?
We can debate the age curve. And we should. The reality is this probably has a net positive impact, AARP talking points aside. In theory, this doesn't impact the average rate, just changes the slope. So people under 30 pay a lot less. And the more under 30s in the pool, the lower the overall rate. So there is science here.
Guys, actually having to govern is hard.
I wish we could have a fireside chat about this issue. No Trump. No Freedom Caucus. No Pelosi. No Howard Dean.
Just people that really know HC and want to fix it.
I get that and millions will likely be priced into the market who are priced out now. I predict the subsidies will eventually be adjusted to address this. Its the same argument for gender rating. Up until ~50, women cost more than men. When we "don't discriminate" and charge men and women the same rate, men's rates go up for men and less healthy men stay in the pool. Overall rates are higher too.
We need to address these, albeit not as extreme as this proposed bill WRT financial help.
The red part is exactly opposite of what will happen. More people will be priced out than in.
Listen to someone in the industry or listen to someone who claims to know all? Hmm....
So, explain to me how tacking rates even more towards age and dropping subsidies by close to 60% according to the legislation will allow more people 45+ to the market. It's called using common sense and the basic rules of business.
Who do you believe a corporate shill whose livelihood is engaged or the most basic of common sense.