🖼 📉The Trumpcare bill may cause millions of people to lose their health insurance.

📉The Trumpcare Bill May Leave Millions Without Health Insurance

If the main policy bill of the Republican Party is implemented, through technical adjustments, it will increase the cost of health insurance and make it more difficult to obtain, causing millions of Obamacare enrollees to lose their health insurance.

* Main Contents:
* Over the next 10 years, about 4 million people will lose their health insurance due to this bill.
* The additional Obamacare funds will expire. If not extended, it is expected that another 4.2 million people will lose their health insurance.
* Cutting Medicaid is expected to cause 7.8 million people to lose their health insurance.
* This bill will increase the paperwork for applying for health insurance and prevent many legal immigrants from using government subsidies. About 1 million immigrants will lose their health insurance as a result.
* Impacts:
* The Obamacare market has more than tripled in size since 2014 and currently covers 24 million people. This bill poses a serious threat to it.
* Young and healthy people may give up health insurance due to the cumbersome procedures, leading to a shrinking market and rising costs.
* Rural areas will be most affected as they have fewer insured people and insufficient hospital competition.
* Republican Views:
* It aims to ensure that only eligible people receive federal aid and reduce fraud.
* It is reasonable to require beneficiaries to update their information.
* White House Position:
* Generally supports these changes, believing that they can reduce the premiums of some enrollees and reduce fraud in the Obamacare market.

(NYT > Top Stories)

via Teahouse - Telegram Channel