President Trump’s new healthcare plan has come under scrutiny. There are going to be winners and losers. The winners are mainly the rich because they’ll see a cut in how much they spend. But there are losers elsewhere. Let’s take a look at the five groups who’re going to lose out the most.
- The Poor Who Will Lose Insurance
Low-income Americans were able to get health insurance for the first time under Obamacare. But this new healthcare plan will pull insurance for these low-income Americans. The poor are set to be without health insurance, and early estimates indicate that up to 20% of all Americans could be without a health care plan. This amount would rocket to levels higher than those in the Bush years.
- The Low-Income Americans Who Struggle with Premiums
Low-income Americans who can afford insurance will be struggling to pay higher premiums. Under the proposals, insurers will be able to charge more than ever before. And it goes further than basic healthcare Humana dental insurance will also go up in price. The nation’s oral health is sure to suffer under the new plans because many low-income Americans are expected to get rid of dental coverage to pay for more traditional coverage.
- Anyone with a Pre-Existing Condition
Obamacare stipulated that insurers couldn’t discriminate against anyone with a pre-existing condition. Now insurers will be able to discriminate again. They won’t necessarily refuse to insure anyone with a pre-existing condition, but they will make it excessively expensive. It means that many people with lifelong illnesses are going to either pay up the money or live without coverage.
- Citizens Who Live in the Poorer States
The new bill will shift the burden for health care from the Federal government to individual states. Many poorer states won’t have the money to cover everyone. To counter this they’ll tighten eligibility and cut many benefits. Citizens living in the Mid-West will certainly find it harder and more expensive to get covered under this new bill.
- The Elderly Will Lose Coverage
The elderly have always had it tough because of their perceived higher risk among insurers. Obamacare did not completely deal with this, but it made it easier for the elderly to get coverage at an affordable price. President Trump intends to make it harder than ever for the elderly to get the healthcare they need by rolling back expansion plans for Medicaid and other similar programs. The elderly will find it more expensive, and if they are living on a low, fixed income they may have to get rid of their medical insurance policies entirely.
- Healthcare is About to Change…and Not for the Better
The rich and the young are those who will see decreases in their insurance premiums. Those who need this coverage the most, however, will find it tougher in the coming years. Millions of Americans will have little or no access to good healthcare under the new bill.
What do you think of the Trump bill to repeal and replace Obamacare?
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