Bill Clinton on Obamacare

October 06 00:48 2016

But while Obama and Hillary are on the same page, former President Bill Clinton is apparently not.

It was always intended as a way to increase government control of the health care sector, while providing a huge financial windfall to insurance companies.

But they should have known that when politicians try to mess around with markets, things never go the way the politicians say they will.

We’re with the former president on this … “I supported the Affordable Care Act”, he said at a Steubenville rally, while adding that continued gaps in coverage “must be fixed”.

Bill Clinton’s aides worked to tamp down the latest flap, casting him as enthusiastically supportive of the health-care law but eager to address lingering gaps in the insurance markets.

Donald Trump has pledged to entirely abolish the Affordable Care Act, in common with the Republicans’ plan in Congress.

“There are also those who claim that our reform effort will insure illegal immigrants”. Consumers may be eligible if their incomes are between 100 and 400 percent of the federal poverty level (about $100,000 for a family of four).

If you remember, back during the primaries, Clinton made sure to sing Obamacare’s praises as often as she could, especially when forced to face up to Bernie Sanders’ call for “Medicaid for all”.

Since being signed into law, President Obama has said that he is open to adjusting the Affordable Care Act through debate, but the administration has said that Republicans in Congress have been unwilling to engage in conversations and instead have opted to repeated attempts to repeal the legislation. Specifically, recent guidance from the Department of Labor makes clear that the sponsors of employer plans can – and are encouraged to – provide additional information that will help young adults understand their options and enroll in Marketplace coverage as appropriate. For example, someone earning $47,000 won’t have to spend more than 9.6 percent of her income on premiums regardless of the actual price. Double-digit increases will matter a lot to them since rates must be the same for identical coverage sold on or off the state exchange. Last year, more than 38 percent, or 382,990 returning Florida HealthCare.gov consumers switched plans. They can’t form big enough bargaining pools.

Another way that it helps is tax credits are created to protect consumers from rate increases and keep coverage affordable, increasing by whatever amount the cost of the second-lowest-cost silver, or benchmark plan increases when the consumer goes through the Marketplace.

But he admits the law could be strengthened, White House spokesman Josh Earnest said on Monday. “We’re looking for affordable health insurance plans – and Obamacare doesn’t offer them”. Because of the volume of reader comments, we can not review individual moderation decisions with readers. The idea that they’re making whooping profits is quite at odds with what we know about how the marketplaces have fared so far – and the actual text of Obamacare itself. They are either approved or deleted.

That’s exactly where we stand right now. The Wall Street Journal conducted a survey “of the 25 USA counties with the largest unauthorized immigrant populations”, and found that “local initiatives [spend more than $1 billion a year to] provide nonemergency care for at least 750,000 unauthorized immigrants across those counties”. But these suggestions should be sent To avoid distracting other readers, we won’t publish comments that suggest a correction.

READERS WRITE: Health insurance costs

Bill Clinton on Obamacare
 
 
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