As if the bad faith attacks on Democrats couldn't get any worse, David Sirota is now tying growing insurance profits to the ACA, WHICH LITERALLY CAPPED INSURANCE PROFITS!?!?
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Compared to what existed before. You still get claims denied and insurance has sky rocketed. Get mad at Obama for being a corp lap dog, not doing enough and giving us Trump. That's also part of his legacy, a bill barely worth paper it's written on, life-raft to GOP, over 1k seats lost, then Trump
u could have spent 10 minutes researching ACA’s role in inflating insurance profits before making this absolutely absurd post attacking a person 10,000x more informed and experienced than u are dude
The ACA was drafted by insurance industry lobbyists, thus the mandatory insurance provision. And premiums to the middle class jumped substantially to cover lower income patients and pre-existing conditions. The ACA has flaws.
The mandate was there to lower the cost for everyone because you had a larger pool.
Removing the mandate is what lead to a higher increase because the healthy population pulled out.
The theoretical point of the mandate was to force healthier people into the risk pool who were free-riding off their lower odds of requiring insurance, which brings prices down.
Not to say insurance companies weren't thrilled to have people eat a penalty for not buying their product.
The pool of ppl they can loot from got bigger. Sure more ppl are insured but we still have skyrocketing costs, claims still get denied and care is being rationed bc ppl have to bc they can't afford. The ACA isn't great, its not even that good considering lawsuits have gutted it.
It’s true that the ACA has requirements for percentage spent on claims, but it’s also true that the ACA has been a massive windfall for private insurance and increased their revenue substantially
The ACA was a stopgap measure at best. It provided about ten years of viability to the insurance based system, and we’re about to see the crises of its collapse.
What’s the first name on this list?
The bad faith is the amount of cash Dems are taking from insurance companies. Not the guy exposing it. Call your senator.
Ummmm, no, ACA did the opposite. Forcing everyone to sign on to private insurance ("no, no, not going to lift a finger to fight for public option") was a gift to for-profit insurance corporations. I hate Republicans, but we need to be honest about Democratic grift.
This isn't covered enough: 9 years ago, Trump went on "60 Minutes" and said his replacement for the Affordable Care Act would be universal healthcare, a public option. 9 years later, he still hasn't announced a plan, of any kind, but says he has "concepts."
I vaguely recall there being a Trump plan that was basically the ACA with a convoluted "non-mandate" mandate which taxed you when you tried to re-enter the market if you had dropped insurance.
I think they tried to get rid of subsidies with a tax credit that you had to spend on insurance too.
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You know despite the fact that the ACA is wildly popular in the US at like 65-70% approval.
If it did, medications wouldn’t cost 10x what they do in 🇲🇽 or 🇨🇦.
It is pretty much the lamest thing they could have passed,
Removing the mandate is what lead to a higher increase because the healthy population pulled out.
Not to say insurance companies weren't thrilled to have people eat a penalty for not buying their product.
The bad faith is the amount of cash Dems are taking from insurance companies. Not the guy exposing it. Call your senator.
https://www.opensecrets.org/orgs/blue-cross-blue-shield/summary?id=D000000109
https://www.forbes.com/sites/theapothecary/2015/09/28/donald-trump-on-obamacare-on-60-minutes-everybodys-got-to-be-covered-and-the-governments-gonna-pay-for-it/
I think they tried to get rid of subsidies with a tax credit that you had to spend on insurance too.
Not 4, 8, 20 years from now. Now.
You know who said that the last time he was a president-elect, in an interview with 60 Minutes? Donald Trump. "We'll save so much money," he said.