If John McCain were uninsured, his surgery could have cost $76,000
That means that if McCain happened to be one of his uninsured or under-insured constituents, and not a Senator with his healthcare subsidized by American taxpayers, he might have had to shell out some $76,000 for his surgery – more than the average annual household income in America.
The Congressional Budget Office report on Trumpcare is out, and it’s devastating: 14 million people losing insurance in the first year, 24 million over time, with premiums soaring for older, lower-income Americans — in many cases, the very people who went strongly for President Trump.
The C.B.O. thinks it would reduce the deficit, but only marginally, around $30 billion a year in a $19 trillion economy.
Obamacare imposes a mandate to induce healthy people to sign up, offers means-tested subsidies to make insurance affordable and expands Medicaid to take care of people with really low incomes. Trumpcare eliminates the mandate, slashes subsidies overall and redirects them to those who don’t need them and sharply cuts Medicaid.
Of course that leads to a huge drop in coverage.
“As it appears in … full read/full credit”
I feel this is important information about what is happening in the Republican Administration lead by Drumpf and what we need to be aware of.
Keith Olbermann series called “The Resistance” continues.