pretty interesting explanation of ACA.
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Link: https://x.com/wallstreetapes/status/1987974689344663567?s=46
Replies to: pretty interesting explanation of ACA.
You should ask yourself what the Insurance Companies were doing BEFORE the ACA...like denying you
coverage for Pre-Existing Conditions...and charging you for MUCH more than 15-20% Overhead Expenses.
Today, 46M Americans are able to afford HC, who wouldn't have before the ACA. That's a Very Good thing.
Now, where's that 'Big Beautiful Health Care Bill' the GOP has been touting for the last 15 years?
That's a red herring. All it took was a simple HIPAA amendment to eliminate pre-existing condition
limitations. This did not in any way curtail costs or prevent people from going bankrupt as a result of medical care.
Not a red herring...coverage for pre-existing conditions was perhaps the most notable ACA benefit...
...as for cost reductions, my other posts shed light on what's needed to address that issue more fully. The ACA's intent was to get basic HC to millions of Americans who had none...it has been dramatically successful in doing that. Now, more work is necessary, but the GOP wants to treat HC as a 'Profit Based' industry...which I take it you disagree with...right? Therefore, you should be supporting the Democratic Party on this issue.
The data proves it.
Single Payer is the right move, with supplemental as I've described before.
Link: https://www.axios.com/2018/10/18/aca-health-care-industry-insurance-hospitals-profit
And now you know who paid to get Obama elected. This was never intended to create single payor.
It wasn't legitimate from the outset, but the Roberts Court contorted itself to make it "legal" because they didn't want to get accused of racism in killing Obama's signature legislation.
Fast forward and it's not fostered single payor, and it has led to healthcare inflation, so much so that the government has to provide subsidies so that people can afford it. Complete failure.
The minute the industry to be regulated write the regulations you know there’s a problem
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Anything the government subsidizes experiences inflation. Student loans are another prime example.
Big Ed is gouging the country and is producing very little in return.