Consumer Healthcare Cost

Discussion in 'Healthcare Reform Discussions' started by LaTonia P, Feb 14, 2018 at 12:51 AM.

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  1. LaTonia P

    LaTonia P Guest

    Consumer Cost

    By LaTonia Pleasant

    February 12, 2018

    Student paper

    The new healthcare bill is going to place a strain on the pocket of those individuals that have preexisting conditions. Under the Affordable Care Act, people could not be barred from purchasing insurance with pre-existing heath issues but with the new Trumpcare, many people could be facing higher healthcare insurance premiums. The states may attempt to apply for a waiving allowing them to implement a higher risk insurance group in order help people who won’t have enough money to pay for such high premiums. In the new bill 8 billion dollars will be spread over a five-year span to help the states that applied for the wavier but who knows if that will be enough to help all the people needing full coverage. I’m not sure how they came up with this number because with the Affordable Care Act this application for waiver for states didn’t exist. On the positive, Trumpcare does get rid of the insurance fines that people must pay for not having insurance, but if people decided that they don’t need insurance currently when they do apply they will then be penalized with a 30 percent fine for one year (Mohoney, (2017).This could make some people feel as if insurance in not necessary. The last unsettling issue with the bill is the extra cost to need specialty benefit such as maternal, mental health, and prescription coverage, the people that need such services will pay a higher premium because insurance companies feel that if the user is saying they wants these services than they much need them and therefore benefit from that type of insurance. Trumpcare will allow states to apply for a waiver to not have to provide these specialty services.

    Medicaid people will only qualify if they make no more than the 133 percent poverty level and if the states decide to possible expand Medicaid they will not receive the extra funds to help those who qualify but not enough money to cover their needs. Everyone on the Medicaid insurance would be required to be employed unless they were pregnant, disabled, or elderly. Many disabled and elderly people really rely on Medicaid and this is the groups that would be hurt the most. Seems as if the GOP struggles to make the healthcare crisis right. Maybe the affordable Care Act was not as bad as people thought it was.