Why the Democrats are desperate for a ‘solution’ to the healthcare crisis
Washington, DC—The Democrats are on the verge of a “solution” to the crisis that has consumed the country for the past three years, but with their hands tied by the sequester, it remains unclear if this will ever happen.
On Thursday, House Speaker Nancy Pelosi (D-CA) unveiled a bill that would allow insurance companies to charge older Americans a $5,000 deductible for out-of-pocket expenses, a move that could save hundreds of millions of dollars in the coming years.
But it is still not clear if this plan will become law, and with the White House already threatening to veto the legislation if it passes, there is a strong possibility it will not.
What this means is that the healthcare situation is far from over, and it is possible that the Democratic Party is just going to keep playing around with the problem until the sequesters are over.
For years, the Democratic leadership has tried to pretend that Obamacare was a great success and have done everything in their power to make it that way.
In order to pass the ACA, they relied heavily on the “bipartisan” nature of the Congressional Budget Office, which predicted that the law would result in more than 1 million Americans having insurance coverage.
The CBO estimated that more than 13 million people would be insured by 2026, while the CBO also predicted that premiums would increase by about $2,400 for everyone by the year 2020.
Yet for all of the talk of how the law will save millions of Americans from skyrocketing premiums and the potential for massive tax increases, the CBO has failed to accurately predict how much of the ACA’s costs would actually be absorbed by the uninsured, and the CBO is only one of several independent analysis firms that have been trying to predict how this law will affect the country’s economy and health care system.
In a recent analysis, the Center for American Progress (CAP) said that the GOP’s latest healthcare bill “would add more than $1 trillion to the nation’s deficits over the next decade.”
In addition, the Congressional Research Service estimated that if the ACA were fully implemented, premiums for older Americans would increase $2.7 trillion over the first decade of its implementation.
This analysis was based on the CBO’s analysis of a two-year extension of the Affordable Care Act.
But if the Republican bill becomes law, the costs of the GOP bill would actually increase significantly, because it will have the opposite effect of the CBO forecast—that is, it will increase premiums, as well as the tax burden for the wealthy and corporations, who are currently paying a higher share of their income in taxes.
The CBO, in its latest analysis, also predicted a higher death rate in 2020, with a mortality rate that would be 7.5 percent higher than under current law.
This is because the CBO estimated the cost of covering an individual under the GOP plan would be higher, on average, than under Obamacare.
This analysis comes at a time when Republicans are pushing their version of the American Health Care Act (AHCA), which is currently under consideration in the House.
The AHCA would drastically expand the federal Medicaid program, and give states greater leeway to limit the number of people they can cover.
Under this bill, which would be voted on in the Senate next week, states could opt to limit how many people they cover by offering low-income individuals coverage that costs less than $16,000 per year.
But there is no way for the federal government to directly determine how many Americans the states can cover, so there is not much incentive for states to take this step.
The Congressional Budget office estimates that the AHCA could increase the deficit by $8.5 trillion over 10 years, and there is even a possibility that the bill could be vetoed by President Donald Trump.
So, the Democrats have tried to sell this as a way to fix the “solutions” they have been selling since January.
The Democrats have said that Republicans are “burdensome” and “dangerous” to Americans and that the Republican plan is a “game changer” because it would make insurance affordable for millions of older Americans.
But in reality, the bill will do absolutely nothing to solve the healthcare problem.
The GOP bill, as the CBO reported, would actually “increase premiums, increase the number and severity of catastrophic illnesses, increase cost sharing for older adults, and substantially increase costs for those with preexisting conditions.”
And it would also impose significant restrictions on the use of health savings accounts, which have been one of the biggest success stories of Obamacare.
While the Republican Party’s healthcare bill is not “solved” yet, the American people can rest assured that their healthcare will remain the same for the foreseeable future.