Just recently Donald Trump’s own Department of Health and Human Services confirmed that Obamacare is ‘working as intended’ and ‘stabilizing’, exposing the big Trump Republican lie that the markets are collapsing .
This has to be one of the biggest stories out there about health care.
New data have been released contradicting Republican propaganda about the “failing” Affordable Care Act. What may be more embarrassing to the hardliners pushing repeal is that it comes from the government, specifically the Department of Health and Human Services.
Under Secretary Tom Price, the department has been a fount of anti-ACA rhetoric. But in an annual report about the ACA’s risk-management provisions issued Friday, Health and Human Services established that the key programs are “working as intended,”protecting insurers from unexpectedly large risks and moderating premiums for consumers.
Not only that, the data “would seem to refute the commonly held belief that the marketplace population is becoming sicker,” observes health economist Timothy Jost, writing in Health Affairs. In fact, according to the figures from 2016 in the latest report, the customer base is getting healthier and the risk pools have been stabilizing.
“Both the transitional reinsurance program and the permanent risk adjustment program are working as intended.” – Department of Health and Human Services
Now you can add The Kaiser Foundation to thIs story.
Kaiser has also confirmed that the ACA is not collapsing and is on track for it’s best year. They also mention that mixed signals from the Administration and Congress as having the potential to destabilize the markets.
In other words, my words, Donald Trump and Republicans lying that Obamacare is collapsing is harming our health care markets. Their lies are harming millions.
Early results from 2017 suggest the individual market is stabilizing and insurers in this market are regaining profitability. Insurer financial results show no sign of a market collapse. First quarter premium and claims data from 2017 support the notion that 2017 premium increases were necessary as a one-time market correction to adjust for a sicker-than-expected risk pool. Although individual market enrollees appear on average to be sicker than the market pre-ACA, data on hospitalizations in this market suggest that the risk pool is stable on average and not getting progressively sicker as of early 2017. Some insurers have exited the market in recent years, but others have been successful and expanded their footprints, as would be expected in a competitive marketplace.
While the market on average is stabilizing, there remain some areas of the country that are more fragile. In addition, policy uncertainty has the potential to destabilize the individual market generally. Mixed signals from the Administration and Congress as to whether cost sharing subsidy payments will continue or whether the individual mandate will be enforced have led to some insurers to leave the market or request larger premium increases than they would otherwise. A few parts of the country may now be at risk of having no insurer on exchange, though new entrants or expanding insurers have moved in to cover most areas previously thought to be at risk of being bare.
Trump and Republicans lying about Obamacare and injecting great uncertainty into the health care markets has literally harmed millions of American with large premium rate hikes and forcing some insurers to leave the markets.
Blue Cross Blue Shield of Tennessee just recently confirmed that the health care market propaganda lies being pushed by Trump and Republicans are responsible for their huge rate hikes in 2018.
Thanks to Charles Gaba for this information.
Sabotaging millions of Americans, so Republicans can cut taxes for the 400 highest income households in America.
Make sure you let folks know that Donald Trump and Republicans are directly responsible for their future rate hikes and for health insurers leaving the markets.
They are sabotaging our health care markets, which is harming American lives.