The latest Obamacare enrollment numbers from the administration confirm
again that it will be people living in Republican-led states that will
suffer the most if the Supreme Court strikes down subsidies to people
buying insurance on the federal exchange. Specifically, millions of
residents of Florida, North Carolina, and Texas could lose their
subsidies, and their insurance, if the court rules against the
government and the states would lose millions.In Florida, about 1.6 million people who picked a plan on the
federal site were eligible for financial assistance, according to the
new report. In Texas, more than one million were eligible; in North
Carolina, more than 550,000; and in Pennsylvania, more than 430,000.
Of
course, the ramifications aren't limited just to those receiving
subsidies to purchase individual insurance. Losing those customers, as
they surely would when premiums become far too expensive without the
subsidies, would mean insurers would have to hike premiums on everyone
buying in the individual market.
"Holy shit, that's chaos," said
Robert Laszewski, a health policy consultant in D.C. "What's ironic
here is not only will the Republicans be screwing up the insurance for
poor people on the Obamacare exchange, they'll be screwing up health
insurance for rich people in Texas who happen to be in the individual
market."
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