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Study: Trumpís Obamacare Reforms Will Save Americans $450 Billion
Breitbart ^ | February 9, 2019 | Sean Moran

Posted on 02/16/2019 12:22:52 PM PST by re_tail20

A White House study released on Friday found that President Donald Trump’s Obamacare reforms will save Americans roughly $450 billion over the next ten years.

A White House Council of Economic Advisers (CEA) study released on Friday found that Americans will save $450 billion through Trump’s Obamacare reforms. The CEA suggested that Trump’s repeal of the Obamacare individual mandate and the expansion of short-term insurance plans and Association Health Plans (AHPs) will save Americans billions over the next ten years.

The White House also suggested that the benefits of Trump’s deregulatory actions saved Americans billions, increased access to more health insurance options, and did not amount to a “sabotage” of the Affordable Care Act (ACA).

President Trump signed an executive order in October 2017 which expanded short-term limited-duration health insurance plans.

Short-term plans allow for Americans to keep their plans for up to 364 days and to renew their plans for up to three years. Because short-term plans do not have to comply with many Obamacare insurance regulations, insurance companies can offer more customized and cheaper plans compared to the individual market.

Trump also expanded AHPs, which offer businesses and workers more affordable health insurance options. AHPs are health insurance pools sponsored by an industry, trade, or professional association that provides health coverage to their members.

Land O’ Lakes, which created the nation’s first AHP, said that their plans were roughly 50 percent less expensive compared to Obamacare plans.

The CEA estimated that five million Americans will choose an AHP or a short-term plan as the result of the Trump administration’s health care executive orders. The study also suggested that another five million will benefit as the result of the repeal of Obamacare’s individual mandate.

Many Americans have contended that because 80 percent of those who paid the Obamacare mandate...

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: 0carenightmare; ahp; medicalspending; obamacare; trumpobamacare
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1 posted on 02/16/2019 12:22:52 PM PST by re_tail20
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To: re_tail20

Bingo, the wall is paid for many times over.


2 posted on 02/16/2019 12:28:29 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: re_tail20

Best election, best POTUS, evah!


3 posted on 02/16/2019 12:31:12 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Jim Robinson

Over how long?


4 posted on 02/16/2019 12:33:15 PM PST by DIRTYSECRET (urope. Why do they put up with this.)
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To: DIRTYSECRET

$450 billion one decade and $450 billion another decade, pretty soon we’re talking real money.


5 posted on 02/16/2019 12:36:11 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: re_tail20

If Ryan was in the house it would never come to a vote, forget it until after 2020 it will never see the light of day with the RATS in charge.


6 posted on 02/16/2019 12:37:07 PM PST by boomop1 (Term limits is the only way to change this failed government.)
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To: re_tail20

Paid for by higher premiums for the rich, as usual.


7 posted on 02/16/2019 12:38:47 PM PST by SC DOC
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To: Jim Robinson; All; FReepers



8 posted on 02/16/2019 12:40:46 PM PST by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: Jim Robinson
$450 Billion?


9 posted on 02/16/2019 12:41:01 PM PST by Slyfox (Not my circus, not my monkeys)
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To: SC DOC
You don't even have to click on the article to get the facts, dude. It's right there in the excerpt:

Short-term plans allow for Americans to keep their plans for up to 364 days and to renew their plans for up to three years. Because short-term plans do not have to comply with many Obamacare insurance regulations, insurance companies can offer more customized and cheaper plans compared to the individual market.

Trump also expanded AHPs, which offer businesses and workers more affordable health insurance options. AHPs are health insurance pools sponsored by an industry, trade, or professional association that provides health coverage to their members.

Land O’ Lakes, which created the nation’s first AHP, said that their plans were roughly 50 percent less expensive compared to Obamacare plans.

As I've been saying since this monstrosity known as Obamacare was passed, the biggest opportunity for reducing premiums is to let people and groups buy insurance plans that don't have to meet all the stupid requirements of Obamacare.

10 posted on 02/16/2019 12:43:05 PM PST by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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To: re_tail20

Before looking, I had the slight suspicion this wasn’t a CNN story.


11 posted on 02/16/2019 12:46:41 PM PST by daler
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To: Jim Robinson
Just make it taller. 👹
12 posted on 02/16/2019 12:59:27 PM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Alberta's Child

Sounds good, but check out the actual state of affairs...”Associations” not available in most places (state insurance commissioner/board has final say). Not available in CA for example. As far as short-term insurance goes, similar situation...not available in CA (dental/vision only) and in the states that allow it prices in the $350.-$400./month range for a $12,500.00 deductible. Better off with a “Christian Health Share”.

The best chance to remove ACA/Obamacare “root and branch” (thanks for nothing Turtle McConnell & RINO Ryan) was in Pres. Trumps’ 1st 2 years.


13 posted on 02/16/2019 1:07:39 PM PST by Drago
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To: Drago

Oh, no fears, CA is going to socialized Med. I intend to stay on Liberty healthshare and go to doctors who respect fee for service and hate dealing with the state!


14 posted on 02/16/2019 1:12:13 PM PST by Yaelle
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To: Alberta's Child

I noticed that the socialists on the left side of my state just limited short term policies to three months and only once a year.


15 posted on 02/16/2019 1:12:28 PM PST by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: Yaelle

We are considering “Liberty” also (to “bridge” us to Medicare ~4 yrs.)...you like them? Any major issues?


16 posted on 02/16/2019 1:15:26 PM PST by Drago
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To: re_tail20

If $1.5 billion builds 55 miles of wall, then that’s more than enough to build a wall across both our southern and northern borders!


17 posted on 02/16/2019 1:19:29 PM PST by Brown Deer (America First!)
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To: re_tail20

Moar walls!


18 posted on 02/16/2019 1:21:23 PM PST by bigbob (Trust Trump. Trust the Plan.)
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To: Drago
The best chance to remove ACA/Obamacare “root and branch” (thanks for nothing Turtle McConnell & RINO Ryan) was in Pres. Trumps’ 1st 2 years.

The GOP never had any intention of repealing the ACA.

The ACA basically screws younger people for the benefit of older people. Look at the age and demographic data on the voters who support each major party and you'll see why the GOP hasn't touched it.

19 posted on 02/16/2019 1:29:21 PM PST by Alberta's Child ("In the time of chimpanzees I was a monkey.")
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To: re_tail20
Do no reform. Remove. Leaving this in place just ensures that it will show its ugly head again, only worse.
20 posted on 02/16/2019 1:37:01 PM PST by Major Matt Mason (Q = Quidam)
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