The Soapbox

Joined: 09/29/2013 Posts: 60530
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What's this?

That's kind of making my point, that these statistics like "charging 5X

what they do today", and the increases claimed are deceptive at best, and blatant lies at worst. All designed as dishonest scare tactics for political purposes.

At $14000/yr stated, that's $1166/mo. That would give you a cheapest rate for the young and healthy of $233/mo. (1/5th)

Assuming the youth stays the same going forward, with a 3x cap that would be $700/mo for the 64 yr old now.

Yet to show the "increase", that same example used $142/mo ($1700/yr), not $700. The only way that "increase" happens is if someone else is paying the difference via a subsidy of $558/mo ($700-$142 cited, which is almost 80% of the premium paid by someone else). It's not like that other 80% goes away, nor is really part of the "increase" to be assigned to Trumpcare. And again, if that many people are getting 80% subsidies now, let alone anywhere close to 42% of the workforce, I would only wonder how OCare didn't crash and burn long ago. So let's not act like this type of increase will be the "norm".

Finally, again, even this remote example assumes that only OCare compliant policies will be available going forward (understandably the CBO can't score plans that will become available at this point in the scoring). That this 64 yr old rarity will only have the option of paying $14K/yr or going uninsured.

Of course there will be increases, but that's because the subsidies are going away (at least in part). But to just focus on those increases, particularly while ignoring the subsidy part in calculating them, without considering the taxes for someone else to pay for them, as well as the increased competitive aspects and changes in plans available to help lower costs, is not giving an honest picture of what this plan does. There has to be a balancing act of all these things in the calculus.

(In response to this post by southdenverhoo)

Posted: 03/21/2017 at 2:59PM

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'Pubs lining up behind Ryancare -- Quaker 03/21/2017 08:59AM

Good. And it's 5X the cheapest, vs 3X the cheapest now. But don't let -- Hoodafan 03/21/2017 11:23AM

All indications are it will be a disaster. But good. The GOP will own it.** -- Seattle .Hoo 03/21/2017 1:33PM

Exactly. They should do nothing and let ACA fail ** -- TpkeHoo 03/21/2017 1:56PM

Not sure it will fail, but that is a pretty harmful way to prove a point. -- HoosWillWin 03/21/2017 3:17PM

They certainly have undermined it as much as possible. Now the next step. ** -- Seattle .Hoo 03/21/2017 3:12PM

Too late; they already own it ** -- Quaker 03/21/2017 3:08PM

I think they can effectively spin it that they don't, actually. ** -- southdenverhoo 03/21/2017 4:44PM

I'm almost positive this will be the path they choose. -- southdenverhoo 03/21/2017 2:02PM

Actually the cost of coverage for a 64 year old who is earning -- southdenverhoo 03/21/2017 12:50PM

I've seen nonsensical numbers like that and the absurd 60% claim from our -- Hoodafan 03/21/2017 1:27PM

5 is how much more than 3? His numbers come from the CBO -- 111Balz 03/21/2017 1:32PM

Try reading again. For understanding this time. ** -- Hoodafan 03/21/2017 1:39PM

He's right that my number came from the CBO. But I was wrong about the wage -- southdenverhoo 03/21/2017 2:00PM

That's kind of making my point, that these statistics like "charging 5X -- Hoodafan 03/21/2017 2:59PM

Nice try. Please continue being the Board Fool for the Day -- 111Balz 03/21/2017 1:55PM

Soi their premiums go up 60% and available tax credits are -- 111Balz 03/21/2017 12:24PM

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Except 5X what they do today is a lie. Young and healthy are people too -- Hoodafan 03/21/2017 11:40AM

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Just pointing out young and healthy talking points are people too. So if -- Hoodafan 03/21/2017 12:05PM

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Young people get old eventually. ** -- HoosWillWin 03/21/2017 1:32PM

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Maybe risk amortization would be a better term? -- southdenverhoo 03/21/2017 2:28PM

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Once again you show your insistence on ruining the board. ** -- Hoodafan 03/21/2017 2:00PM

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WTH does that have to do with how hard you're willing to screw the young -- Hoodafan 03/21/2017 12:00PM

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Technically accurate, however I was responding to someone.................. -- Chuck Taylor 03/21/2017 12:14PM

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