Study: Trump causing health premium increases

Discussion in 'Politics, Religion, Social Issues' started by Thomas Veil, Aug 11, 2017.

  1. Thomas Veil macrumors 68020

    Thomas Veil

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    #1
    Well, I don't think this comes as a surprise to anyone.

    Uncertainty makes insurance companies jumpy + Nobody's more erratic than Trump = Higher premiums.

    Like, who'd've thunk? Y'know?
     
  2. Huntn macrumors G5

    Huntn

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  3. duffman9000 macrumors 68000

    duffman9000

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  4. DrewDaHilp1 macrumors 6502a

    DrewDaHilp1

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    #4
    And all the increases before the past 7 months?
     
  5. samcraig macrumors P6

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    #5
    Uncertainty again. The whole talk of repeal/replace during the election and after.

    Of course Trump and Repubs will say it has nothing to do with them.
     
  6. Huntn macrumors G5

    Huntn

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    #6
    Who was running for president last year? Who wants to kill Obamacare without a viable replacement? Uncertainty...
     
  7. Populism macrumors regular

    Populism

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  8. v0lume4 macrumors 68000

    v0lume4

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    #8
    Premiums have absolutely been rising prior to Trump's election, and it is the fault of Obamacare. In my state, every insurance company but ONE has pulled out of the state due to Obamacare, creating a monopoly. Some other states share the same story.

    This is not a Trump problem. Pft.
     
  9. PracticalMac macrumors 68030

    PracticalMac

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    #9
    Forgot to mention this will apply to ALL insurance, not just for ACA.

    And if ACA is repealed, will be excuse for insurance companies to jack it up more.

    It has become the wild-wild-west.
     
  10. samcraig macrumors P6

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    #10
  11. DrewDaHilp1 macrumors 6502a

    DrewDaHilp1

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    #11
    Let me rephrase my question. What about the premium increases since ACA was enacted into law? There that leaves the evil Trump boogey man out of the equation.
     
  12. Bug-Creator macrumors 6502

    Bug-Creator

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    #12
    Actually it is a Trump problem till the day he is replaced (one way or another).

    US healthcare needed a hard reset for decades, but noone is willing/capable to pull it through with all the backclash any chance would create.

    Hence we will have the same threads when Kanye West or Paris Hilton get into the WH in 2024......
     
  13. R.Perez macrumors 6502

    R.Perez

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    #13

    What about the premium increases before the ACA was even written? That leaves evil Obama boogey man out of the equation.
     
  14. SLC Flyfishing Suspended

    SLC Flyfishing

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    #14
    Meh, double digit increases have been the norm since before Trump ever took office or was thought likely to become president.
     
  15. A.Goldberg macrumors 68000

    A.Goldberg

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    #15
    Fair enough point by the insurers, but at the same time any exucuse to charge more and provide less will be seized.
     
  16. R.Perez macrumors 6502

    R.Perez

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    #16

    Almost every year post ACA saw lower rates of premium increases than the decade before it. Let's agree on a set of facts before debating the merits of policy action.
    kff-chart.png
     
  17. duffman9000 macrumors 68000

    duffman9000

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    #17
    In 2024 we'd be lucky to be hunting giant radioactive cockroaches for food. lol but not really lol
     
  18. zin macrumors 6502

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    #18
    Interesting that you chose a graph that stops before Obamacare actually went into effect. The subsidies, risk pool expirations, and the mandate didn't come into effect until 2014, and the remaining minimum requirements for all plans doesn't come into effect until 2018. The trend is much different after the time key changes under the law came into effect.

    Furthermore, the demographics of the exchanges are grim. The number of young, healthy people enrolled is far below expectations and insurers need these people because older people and those with pre-existing conditions are loss-makers. The young and healthy people are those that would make the exchanges financially viable for insurers.

    The insurance companies cannot operate on the exchanges without huge government subsidies because they are generating huge losses, which is why they are dropping like flies, and individuals cannot afford the premiums without huge government subsidies.

    It is a scam and it's blowing up big league. The Democrats would rather bail out the insurance industry and blame Donald Trump than admit the system is incredibly unsustainable.
     
  19. samcraig macrumors P6

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    #19
    I like the justifications. "This was the trend"

    Can we apply that to the job and stock markets too? Because it seems that some people are being selective on which trends are .... trends.
     
  20. SLC Flyfishing Suspended

    SLC Flyfishing

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    #20
    Let's agree that the fact remains that double digit increases were the norm long before trump took office or was a candidate.
     
  21. samcraig macrumors P6

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    #21
    Not sure it's better than repealing out of spite without an effective plan to switch to. Sometimes the devil you know IS better than that you don't. And until a bill is introduced that is better - then we're in a holding pattern. That's the situation. And it's owned by all parties.
     
  22. SLC Flyfishing, Aug 11, 2017
    Last edited: Aug 11, 2017

    SLC Flyfishing Suspended

    SLC Flyfishing

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    #22
    Go ahead. Show us the trend line on jobs and stock market since before Trump took office.

    Truth never hurts.
    --- Post Merged, Aug 11, 2017 ---
    Owned by all parties? The ACA is the Democrats baby.

    Republicans are having a hard time repealing because Dems did the usual and gave free/subsidized stuff to the ignorant masses. Those people won't abide being expected to pay for their healthcare when the government is largely doing it for them now.

    But may no mistake, the democrats created this mess; it's not up to the Republicans to fix it for them. They'd like to, but it's not their fault if the ACA fails. you don't get to hold other people responsible for your actions. The Dems need to own this. They should have written a better law in the first place.

    This $&!t-show will be Obama's "Legacy".
     
  23. samcraig macrumors P6

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    #23
    I can't argue with your ignorance of the ACA. However the other two data points you asked for - see below. Not hard to find.

    Screen Shot 2017-08-11 at 1.09.11 PM.png

    http://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

    trumpinherited-the-longest-streak-of-job-growth-on-record-400k-19755096.png
     
  24. SLC Flyfishing Suspended

    SLC Flyfishing

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    #24
  25. samcraig macrumors P6

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    #25
    I linked it. And if you're too lazy to look at the link - updated it with the chart. The fact that you replied to this with your comment seems to indicate an unwillingness to accept a well known fact.
     

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