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ecstatic

(32,704 posts) Thu Dec 21, 2017, 04:18 PM Dec 2017

Sooo... does the TaxScam neutralize the loss of individual mandate for insurance companies?

Or will they lay low for a while and then jack up everyone's premiums despite the tax cut?

3 replies

= new reply since forum marked as read

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Sooo... does the TaxScam neutralize the loss of individual mandate for insurance companies? (Original Post) ecstatic Dec 2017 OP

of course they will jack up rates! they're insurance companies! it's what they do! unblock Dec 2017 #1

Thought that was Wellstone ruled Dec 2017 #2

The 'fix' that Susan Collins asked McTurtle to guarantee VMA131Marine Dec 2017 #3

unblock

(52,227 posts)

1. of course they will jack up rates! they're insurance companies! it's what they do!

Reply to ecstatic (Original post)

Thu Dec 21, 2017, 04:19 PM

Dec 2017

Wellstone ruled

(34,661 posts)

2. Thought that was

Reply to unblock (Reply #1)

Thu Dec 21, 2017, 04:22 PM

Dec 2017

obvious from the get go. 10% increase for 10 years =100% yes. And the Red States are going to dump any type of ACA ,doubt,watch Utah and Idaho.

VMA131Marine

(4,139 posts)

3. The 'fix' that Susan Collins asked McTurtle to guarantee

Reply to ecstatic (Original post)

Thu Dec 21, 2017, 04:25 PM

Dec 2017

would have covered some of the insurance company losses due to the individual mandate being repealed. People who are getting substantial subsidies to buy insurance on one of the state marketplaces won't see much change in their rates,even if they go up, because the subsidies will adjust to limit their out-of-pocket costs. If you are not eligible for a subsidy because you make too much money (i.e. you are middle class) you will have to suck it up and pay the increased rates or go uninsured.

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