Pelosi to Cramer: There's no need to reinvent health care -- just improve Obamacare

[progree]

8. Subsidies for the ACA can be cut too. Something like 87% of those covered by the

Last edited Wed Sep 18, 2019, 12:08 AM - Edit history (1)

ACA receive premium subsidies, and they are a very big deal. And the federal government no longer funds the Cost Sharing Reductions (CSRs) for those between 100% and 250% of poverty. Nor does it fund the old risk corridors program anymore.

Other governmental acts of sabotage of the ACA including allowing junk insurance plans to undercut the ACA, cutting in half the open enrollment period, and decimating funding for the navigators that help people with ACA enrollment, and decimating outreach and advertising.

https://www.healthinsurance.org/obamacare/will-you-receive-an-obamacare-premium-subsidy/

As of mid-2018, there were nearly 10.3 million people with effectuated coverage through the exchanges nationwide. Of those, 8.9 million – or 87 percent – were receiving premium subsidies. For those enrollees, premium subsidies were covering 87 percent of the cost of coverage in 2018, bringing their after-subsidy premiums down to an average of just $76/month (as opposed to an average of $596/month before any subsidies were applied).

On edit - just to be clear, the premium subsidies mentioned in the title line and first sentence have not been cut yet, but can be by congressional action. Not likely in this Congress, fortunately.