Profile picture
Kurt Eichenwald @kurteichenwald
, 7 tweets, 2 min read Read on Twitter
1. A point that can help you understand the basics of insurance: Group policies lower costs because they're risk pools that can be assessed. ACA was supposed to do that nationally. Thats why it was a GOP idea. But, once Obama proposed the GOP idea, the GOP abandoned it and...
2...spent years spewing propaganda, then did everything they could to make the risk pool impossible to assess. Dropping out of Medicare expansion, killing risk corridors, fighting mandate - all of this was either intentionally designed to raise premiums or the GOP fighters....
3...are the dumbest people in the world. Why did they do it? Because their insured contributors didn't like paying more in taxes. Thats it. And so they lied and attacked and lied and attacked, raising single policy premiums because no insurance company had any idea....
4...how to assess the risk pool. And when you can't assess the risk pool, you have to raise premiums to account for unknown risk. It's that simple. America will never have good health insurance, because we believe the nonsense spewed by people who don't want to pay 4 cents...
5....more on every dollar they earn past $250,000. Greed & sociopathy, not economics, killed ACA. It is what will kill all health insurance efforts. It is part of why America will end. We will lag because everyone believes they know everything about topics they never researched.
6...and while I will not reply to them, follow the comments on this feed. Already, people are showing they understand nothing about medical economics and how ACA worked are spewing their "brilliance." None of them can admit they have never learned this complex field of knowledge.
sorry, sorry - brain disconnect. Dropping out of medicaid, not medicare, expansion.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Kurt Eichenwald
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($3.00/month or $30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!