Silver as an investment

Category Archives: American Health Care Act

Trump To Scrap Crucial Obamacare Insurer Subsidy

Update: Late Thursday, the administration said it would immediately stop paying what are known as cost-sharing reduction subsidies. The payments go to health insurers in the Affordable Care Act to help lower-income people with co-pays and other cost sharing. Without them, insurers have said they’ll dramatically raise premiums or pull out of the law’s state-based […]

Trump Trounces “Hypocrite” McCain, Thinks Rand Paul “May Find A Way” To Save Obamacare Repeal Bill

In a surprising demonstration of wit, President Donald Trump told a crowd of rowdy Alabamians Friday night that it would be amusingly “ironic” if Kentucky Senator Rand Paul offered to vote for the Republicans’ floundering Graham-Cassidy health-care bill after John McCain blindsided the administration by withdrawing his support On Friday. The two senators, Trump explained, […]

Angry Rand Paul Strikes Back: “I Won’t Be Bribed Or Bullied” On Obamacare Repeal Bill

Throughout the week President Trump has taken repeated shots at Senator Rand Paul for his continued resistance to the so-called Graham-Cassidy Obamacare repeal bill.  Among other things, Trump defined Paul as a “negative force when it comes to fixing healthcare” and said that he would forever by remembered as ‘the Republican who saved ObamaCare.’ “Rand […]

The Obamacare “Death Spiral”: Health Plans Now Cost Employers More Than A New Car

With the Graham-Cassidy Obamacare replacement now officially dead, it appears Senate Republicans will be unable to pass a repeal-and-replace bill before the Sept. 30 deadline announced by the Senate Parliamentarian arrives – though it’s impossible to rule out another long-shot plan gaining momentum in the coming days. After the deadline, Senate Republicans would need 60 […]

Senate GOP Leader Says “Skinny” Obamacare Repeal Has “Best Chance At Getting Us To Conference”

Right on schedule, President Donald Trump is out with his latest tweet urging Republicans to pass health-care reform: "Come on Republican Senators, you can do it on Healthcare. After 7 years, this is your chance to shine! Don't let the American people down!" Come on Republican Senators, you can do it on Healthcare. After 7 […]

Senate Passes Critical Motion To Advance Obamacare Repeal Efforts

Update 3:  Vice President Mike Pence cast the deciding vote and the motion to begin debate on a repeal of Obamacare has officially passed. * * * Update 2:  With just two Republicans, Susan Collins (R-ME) and Lisa Murkowski (R-AK) voting ‘no’, the Senate has just passed a critical “Motion To Proceed” bill which will […]

CBO Says McConnell Healthcare Bill Would Slash Deficits By $420 Billion, Leave 15 Million Uninsured

Another day, another CBO score for another version of the GOP's healthcare bill. This time, the agency estimates that McConnell's "Better Care Reconciliation Act" legislation would lower the federal budget deficit by $420 billion over the next 10 years by reducing spending for Medicaid and subsidies for nongroup health insurance. As The CBO notes, those […]

Senate Republicans Reveal New “Obamacare-Lite” Healthcare Bill

In what could very well end up being just another exercise in futility, Senate Majority Leader Mitch McConnell has just released a new version of a healthcare plan which, among other things, incorporates demands from Senator Ted Cruz (R-TX) and Senator Mike Lee (R-UT) to allow insurers to sell low-cost, skimpier plans all in an […]

White House Shrugs Off “Consistently Inaccurate” CBO Score

The White House has released its official statement with regard the CBO score, noting their “consistently inaccurate” and pointing out that “we know the facts.” Following a Tweet right after the release of CBO’s official score of the House Healthcare Bill… The White House issued a full statement on CBO Healthcare Report The CBO has […]

It’s Official, Obamacare Collapse Is Trump’s Fault – Just Ask The WA Insurance Commissioner

Last night, Washington’s Insurance Commissioner Mike Kreidler sent out a press release noting that two counties in his state, Klickitat and Grays Harbor, would be left with no health insurance options in 2018.  Per the press release, the ~3,330 people in those counties currently signed up on the exchange would be able to buy insurance […]