Read on Twitter
quick thread. Do you wonder why BClinton said about ObamaCare "crazy system where all the sudden 25 million more people have healthcare and then the people are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in halfâ
Let's discuss a little, I'm not going to over whelm you and ruin your Twitter high. Let's discuss...
Translation: It's good that 25m ppl now have healthcare, but we offloaded a great deal of the cost onto the less well off ppl who make too much to get any of the subsidies...
Translation: It's good that 25m ppl now have healthcare, but we offloaded a great deal of the cost onto the less well off ppl who make too much to get any of the subsidies...
but are not making all that much money, yet have to buy their own insurance rather than getting it through a company.
In 2013 CBO, made a mistake, they expected small disruption in the work/employee economy. They were off:
Employers r given option of paying up to 10k per ee for health ins coverage or suffer a 2k fine for every ee uninsured + nothing prevents employers from cutting their hours..
Employers r given option of paying up to 10k per ee for health ins coverage or suffer a 2k fine for every ee uninsured + nothing prevents employers from cutting their hours..
It was bigly bad... https://www.theguardian.com/world/2013/sep/30/us-employers-slash-hours-avoid-obamacare
Was there an 'ObamaCare effect', were employers reducing the hrs of a workweek?
Yuppers, Obama'rs denied at the time, the data was there. It was largely low income jobs, lost in the data of 114m workers clocking an average of 34.4hrs per week https://www.investors.com/obamacare-hits-workweek-in-four-industries/
Yuppers, Obama'rs denied at the time, the data was there. It was largely low income jobs, lost in the data of 114m workers clocking an average of 34.4hrs per week https://www.investors.com/obamacare-hits-workweek-in-four-industries/
Now we are in 2015, under the ACA during 2014, the first year of full reforms.
United Health Care was kicking ass, Revenues grew 13%. Net earnings grew 33 percent. Added 570,000 new customers during the first quarter of 2015 from Obamacare exchanges
United Health Care was kicking ass, Revenues grew 13%. Net earnings grew 33 percent. Added 570,000 new customers during the first quarter of 2015 from Obamacare exchanges
Insurers INITIALLY had losses, they were NOW profiting, increasing premiums largely covered by Fed subsidies. Low-income ppl/enrolling at high rates/premiums are soaring = distorted market, transfer from taxpayers to insurers
Fact check: Bill Clinton was right.
Bonus!
/End
Fact check: Bill Clinton was right.
Bonus!
/End
