PAUL KRUGMAN’S ANALYSIS OF THE LATEST TRUMPCARE ITERATION

PAUL KRUGMAN’S ANALYSIS OF THE LATEST TRUMPCARE ITERATION

 

The Highlights:

 

  • The scam: HEALTH SAVINGS ACCOUNTS.  Tax sheltered accounts.  And who can afford to tax shelter these accounts?  The rich, not the poor.  So the claim to be rolling back some of the tax cuts for the rich is bogus.
  • The “Ted Cruz Fix” that allows insurers to run low cost minimal plans that cover virtually nothing. Even the Insurance lobby doesn’t like that provision saying it would: “’FRACTURE AND SEGMENT INSURANCE MARKETS INTO SEPARATE RISK POOLS,’ leading to ‘UNSTABLE HEALTH INSURANCE MARKETS’ in which people with pre-existing conditions would lose coverage or have plans that were ‘FAR MORE EXPENSIVE’ than under Obamacare.” AKA the “death spiral” in insurance markets the Republicans say Obamacare has caused.

So why do Republicans want this plan?  Because it will throw lots of “TAKERS” off the health care rolls.  (You know, the ones who should be paying their way not depending on government handouts.)  REAL CARING REPUBLICANS.  ALL HEART!

 

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