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Wed Mar 15, 2017, 07:37 PM

a couple figures the CBO scoring of TrumpCare bill left out..

We all know that the CBO scoring of the Trumpcare bill will result in 24 million people, who are now insured thanks to Obamacare to lose their health insurance coverage.

Trumpcare could cost 24 million people their insurance, government analysis finds

But what the CBO report in estimating costs and potential savings from that bill left out was:

1) The cost of providing care to those who lose their insurance

Medical care needs won't go away just because people have lost their health insurance - except for those who die of course (yeah, for those who would have lived under Obamacare, that will save money because the dead don't need healthcare. - Hoo-ray!... thank you GOP). For those who lose their insurance, they will return to emergency rooms for medical care. That is the most expensive way to provide healthcare. Also, without insurance they won't be seeing a doctor on a regular basis and almost all the serious health concerns won't be caught early on, when you can treat them more effectively (and more economically). Hospitals will see their costs of uncompensated care increase. Where will the money come from to reimburse hospitals? This is a cost the CBO didn't examine.

2) TrumpCare allows insurance companies to sell 'bare bones' plans, in other words: FAKE insurance.

That is, insurance that doesn't really provide complete or adequate coverage of all costs incurred when the policy holder needs medical care. This means again, increased costs that will fall to the hospitals to 'eat'. How much will the extra costs be which will NOT be covered by the 'bare' bones insurance (i.e. FAKE insurance)?

Any estimates of the costs / savings from passing the Trumpcare plan that does not consider these costs is not complete or realistic.


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Reply a couple figures the CBO scoring of TrumpCare bill left out.. (Original post)
Bill USA Mar 2017 OP
Blanks Mar 2017 #1
Wellstone ruled Mar 2017 #2

Response to Bill USA (Original post)

Wed Mar 15, 2017, 07:54 PM

1. It will be bad for the economy...

You'd think the republicans would notice what kinds of things cause recessions since they've played a hand in causing pretty much every recession.

When the government tries to save money to pay for cutting taxes, we get a recession. Pretty simple equation really.

Sure, spending cuts can be done over time. We saw it during the Clinton administration and Obama was reducing the deficit every year once things stabilized, but the magical thinking that jobs will start materializing once you've cut spending is pure magical thinking.

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Response to Blanks (Reply #1)

Wed Mar 15, 2017, 08:53 PM

2. Many of the new jobs created since

 

inception of ACA are Health Related Jobs. Like 2 million,well,kiss those good by my friends. Just the Stock Market depreciation of Health Care and related Stocks will be enough to tip our economy into a recession.

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