Friday, January 20, 2017

The Problem With Paul Ryan's Go-To Obamacare Replacement Idea? Money

Tierney Sneed · Tuesday, January 17, 2017, 6:54 am

As concerns escalate over the GOP’s plans to repeal Obamacare, and what it means for the millions with pre-existing conditions whose coverage has been guaranteed by the law, Republicans have pointed to so-called high-risk pools, as if they were magic bullet of sorts for covering seriously sick individuals.

However, using high-risk pools as a substitute for the Affordable Care Act would cost a boatload of money, health care policy experts tell TPM, and when states implemented it in the past, it was often consumers who were left picking up the tab or left out of the system entirely.

“It’s better than nothing, to help some people,” said Henry Aaron, a senior fellow in the Economic Studies Program at the Brookings Institution, “but it’s a massive step backward from the Affordable Care Act.

Read more
http://talkingpointsmemo.com/dc/high-risk-pools-obamacare-replacement

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