What the CBO's report on Obamacare subsidies really means to you:
Bottom Line: It's hard to even know where to begin in an effort to provide factual information regarding the status of the failing Affordable Care Act. The reporting has become so slanderous on this topic that one NBC headline read "If Trump sabotages Obamacare, premiums will spike an extra 25 percent by 2020, CBO warns". Umm, first the CBO didn't issue a report on the impact of "Trump sabotage". Second, what does "Trump sabotage" mean in the context it was being advanced? It means that President Trump wouldn't take an additional $10 billion of your money to literally bailout insurance companies so they'd continue to offer health insurance policies that lose money because of the failure of the Affordable Care Act. This wouldn't even be an issue if the ACA worked as presented to you and were sustainable as passed!
On top of the $6500 per person cost, on average, for health insurance (before hitting the deductible and receiving any healthcare). And on top of the existing subsidies that have already been paid to insurance companies and the majority of the recipients of exchange based policies - now there's a need for yet another bailout to the tune of an additional $10 billion from you to insurance companies to sustain the fraudulent Affordable Care Act system. Sound fair to you? And why an additional $10 billion bailout for insurance companies? Here's where the CBO info enters the conversation. They found the following:
- 2019 policies will spike in cost by 20% & 2020 policies will spike in price by an additional 25%!
What some in the Godless, soulless and slanderous media are advancing as Trump/GOP sabotage is really the media papering over the lies and failure of Obamacare while suggesting that unless President Trump and Republicans and Congress take yet another $10 billion of your money and hand it to insurance companies....it's sabotage.