Trump’s Tweet That ObamaCare Doesn’t Work Is Full Of Shit
Trump sent out an early morning tweet blasting the Affordable Care Act, also known as ObamaCare, by pointing out the increases in average prices from last year using one state as an example:
People must remember that ObamaCare just doesn’t work, and it is not affordable – 116% increases (Arizona). Bill Clinton called it “CRAZY”
However Trump used a state that decided not to fully implement ObamaCare, by neglecting to set up its own state-run insurance marketplace, which lead to higher rates. So this isn’t because of the design of ObamaCare, but how some mostly Republican states refused to fully implement it.
For comparison, states who fully implemented ObamaCare, such as California, saw only a 2% or less increase in rates, while Massachusetts and Indiana’s implementation was done so well they will actually see a drop in prices this year. States that were adversarial to a full implementation of Obamacare, like Arizona and Pennsylvania, will see the biggest price hikes, driving up the national average to a 22% increase nationally.
So don’t blame Obama for a massive price hike, but your state’s Republican governor.
But what Trump is also neglecting is that most Obamacare participants won’t feel the full price hike or anything near it, even in his cherry-picked state of Arizona.
Nationally, 85% of those enrolled receive a tax credit, which is based on the price of the second-lowest cost silver plan and an enrollee’s income. These subsidies put a limit on how much you have to pay.
Enrollees can also use their subsidies to buy lower-priced bronze or silver plans. That will allow more than three-fourths of current enrollees to pick a plan for $100 or less a month on the federal Healthcare.gov exchange.