We all know the results of the Obamacare debacle. If you have kept the policy that you have, you have seen it double in price and shrink to almost nonexistent coverage. Doctor visits are mostly not covered, while your doctor stares at a laptop rather than your problem.
We were all happy to hear that the Trump administration and the Republicans in Congress were planning to repeal the horrible failure. But now, there is a report that has made many fearful.
The Washington Times reports
The number of people who are uninsured would spike to 32 million and premiums would double by 2026 if Congress passes a GOP-driven bill to repeal key portions of Obamacare without a replacement, congressional scorekeepers said Tuesday.
The Congressional Budget Office examined a Republican bill from two years ago that gutted the Affordable Care Act using fast-track budget rules, while leaving certain market reforms in place. That bill was vetoed by President Obama.
Now, Republicans are now teaming with President-elect Donald Trump to reprise that effort, and their lack of a replacement plan to date is making the health sector skittish about the potential fallout if they don’t come up with a plan.
The reason for this assessment is twofold. First, they claim that the removal of a mandate will cause people to drop their coverage if they are healthy while others will have to continue their coverage because of health issues.
But this points to one of the problems with mandated healthcare, it by its existence causes a hike in healthcare cost. Most MDs are glad to see you at a lower rate if you do not come with forty hours of paperwork and restrictions.
Second, we have the revelation in this assessment that Obamacare is a socialistic law. It depends on the payment of the healthy, who does not need the service to provide cheaper coverage for those who do need that same coverage.
History has proven that those who are allowed to keep their money are more than willing to give to those in need at a more liberal rate than those who are taxed for that same reason.