Tuesday, June 27, 2017

Are you 64 and making $56,800 a year? Welcome to a $20,500 Trumpcare insurance premium

"In some areas of the country—particularly sparsely populated ones (are you listening Lisa Murkowski)—the CBO foresees a market collapse, the classic death spiral. “Some sparsely populated areas might have no nongroup insurance offered because the reductions in subsidies would lead fewer people to decide to purchase insurance—and markets with few purchasers are less profitable for insurers.” Yes, this bill is mean, mean, mean. But hey, it’s got lots of tax cuts for the very rich, so expect most Republicans to overlook the other parts."