BREAKING: If you missed it, Trumpcare plans were announced today.👇 They are a flashback set to bring us back to pre-ACA days and damage the ACA in the process.
Been collecting inout all day so now will cover this. Follow if interested. 1/
Been collecting inout all day so now will cover this. Follow if interested. 1/
THE MOST UNDER-REPORTED SIGNIFICANT FACT:
-ACA requires 80% of your premiums to cover your medical expenses.
-Trumpcare has NO requirement. Expect about half of your premium to cover health care. The difference— marketing and profits.
This is a boon to insurance companies.2/
-ACA requires 80% of your premiums to cover your medical expenses.
-Trumpcare has NO requirement. Expect about half of your premium to cover health care. The difference— marketing and profits.
This is a boon to insurance companies.2/
The big advertised benefit of these plans is they cost less.
Trump Administration brags they could cost 50, even 80% less. Gee, I wonder how they do that? While spending 1/2 as much on medical care?
Let me think. Might they be providing only 10-25% on insurance benefits?... 3/
Trump Administration brags they could cost 50, even 80% less. Gee, I wonder how they do that? While spending 1/2 as much on medical care?
Let me think. Might they be providing only 10-25% on insurance benefits?... 3/
Let’s look at some of these plans?
(If you get one, abstinence is highly recommended 👇. Only, remember birth control is on you.) 4/
(If you get one, abstinence is highly recommended 👇. Only, remember birth control is on you.) 4/
@sangerkatz wrote a great piece on what’s usually in these Trumpcare plans and not.
MOST IMPORTANT POINT: you will never know. 5/
nytimes.com/2018/08/01/ups…
MOST IMPORTANT POINT: you will never know. 5/
nytimes.com/2018/08/01/ups…
LET ME REPEAT: You will never know what’s in a Trumpcare Insurance plan for the simple reason that:
YOU WILL NEVER BE AS GOOD AT READING FINE PRINT AS INAURANCE COMPANIES WILL BE AT WRITING IT.
Let me show you. 6/
YOU WILL NEVER BE AS GOOD AT READING FINE PRINT AS INAURANCE COMPANIES WILL BE AT WRITING IT.
Let me show you. 6/
Many plans:
-Don’t cover accidents or surgeries resulting from them
Don’t cover hospitalizations begun on the weekend (an old trick not to pay motorcycle accidents, burns, bar fights...)
-Don’t cover the first month of cancer
-Don’t cover something you had but didn’t know👇
7/
-Don’t cover accidents or surgeries resulting from them
Don’t cover hospitalizations begun on the weekend (an old trick not to pay motorcycle accidents, burns, bar fights...)
-Don’t cover the first month of cancer
-Don’t cover something you had but didn’t know👇
7/
I could go on with my list of things that might not be covered but there’s no point Because unless the state intervenes, there are no rules.
An insurer can advertise “hospital” coverage even if it only covers $50/day for a maximum of 10 days. 8/
An insurer can advertise “hospital” coverage even if it only covers $50/day for a maximum of 10 days. 8/
Of course, if you want actual insurance coverage where you don’t need to read the fine print, that just got much more expensive.
Insurance costs are lower when there are more people covered. Take out people who don’t plan to need it and costs go up. 10/
Insurance costs are lower when there are more people covered. Take out people who don’t plan to need it and costs go up. 10/
And of course pre-ex condition coverage won’t exist in these products. And if you get sick, you can be dropped. 11/
.@realDonaldTrump What a sick way to run a health system.
-Cover people only for things they don’t have for what the insurer decides
-Make it more expensive if you’re sick
-Favor the insurance company when someone gets sick
98% of medical experts who commented objected. /end
-Cover people only for things they don’t have for what the insurer decides
-Make it more expensive if you’re sick
-Favor the insurance company when someone gets sick
98% of medical experts who commented objected. /end
If you’re hungry for more, see the Twitter feeds of...
@larry_levitt
@sangerkatz
@TopherSpiro
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@ddiamond
@larry_levitt
@sangerkatz
@TopherSpiro
@charles_gaba
@ddiamond
