Carmel, CA TrumpCare Replacing ObamaCare Likely To Hit The Poor And Hospitals The Hardestby Richard Kuehn on 03/08/17
As Congress moves to appeal ObamaCare and replace it with TrumpCare, many are worried about the impact on the poor which will have Medicaid (called MediCal in California) ripped out from under them. Although this will save the government money, it’s likely to have a devastating impact on hospitals (which will have to treat the uninsured for free) and the low-income people who will once again be left with no medical insurance. “Our hospitals could not sustain such reductions without scaling back services or eliminating jobs,” said physician Bruce Siegel, the CEO of the trade group America’s Essential Hospitals. House Speaker Paul Ryan said he planned to move forward with the repeal and replace legislation without an estimate from the Congressional Budget Office on the impact on health care costs or enrollment. However, a number of Republicans are against the plan so it’s unclear whether the legislation will be passed in its current form. Big beneficiaries will be insurance companies, who are expected to roll-out the same insurance plans that they did under the Affordable Care Act with rate hikes of 30% on average. The Center for American Progress (CAP) said that they had analyzed the new bill and estimate that it will increase premiums for the average enrollee by $1,542 per year, and by $2,409 by 2020. “The cuts would be the deepest exactly when the need is greatest,” Aviva Aron-Dine, a senior fellow at the Center for Budget Policy Priorities, told USA Today.