Grandfathered health plans do not have to meet all of the law’s new coverage requirements. But in order to be grandfathered, health plans must have existed on March 23, 2010. Those with individual grandfathered plans had to have them before the law took effect. And to maintain their grandfathered status, the plans must not be changed to cut benefits or significantly raise prices for consumers through deductibles or co-pays. Moreover, the administration issued an administrative fix for 2014 and beyond, letting people keep their current policies if allowed under state law through 2017.
First, it wasn't just premiums, it was total healthcare spending that would be reduced by $2,500. It's also true that healthcare spending is now growing at the slowest rate that it has in almost a half century, with the trend continuing downward.
It does reduce the deficit - conservative repeal efforts would only increase the deficit, especially with no viable alternative.
Considering the medicaid expansion has helped insure millions of the most impoverished Americans and subsidies are helping those who are on the bubble, I would venture to say it is affordable. It is helping to reduce the national deficit, lift Americans out of poverty and help keep people in the workforce.
Six Economic benefits of the ACA
Really? I haven't seen anything actually true that you've written thus far.
Hmmmm...thats not what Obama said in reference to his " keep your Dr and Insurance ". He added no qualifying data nor did he mention anything about Grandfathered plans.
He lied repeatedly and you're attempting to mitigate that lie by adding qualifiers after the fact.
Its was dishonest of him to promise the impossible and its dishonest of you to try and justify his dishonest claims.
And premiums are "shrinking" at a slower rate ? LOL !! Then he should have said premiums would rise instead of promising families a 2500 Dollar annual savings.
It was a slimey bald face lie.
Reduce the deficit ? More Liberal dishonesty. More lies from the Democrats.
The thing is I'm not a Obama Supporter, which means I can read and add.
The CBOs projection of deficit reduction via the ACA was based on the law exactly as it was originally written.
That includes the draconian cuts to providers which even the CBO admitted would have to be revised.
Cuts to Drs and curs to Hospitals that are 60 percent higher than previous medicare reimbursements.
Lol ! I dare the Dems to try and get away with that.
They took the 500 Billion in Medicare " savings "and pushed it back into the law to claim a "deficit reduction".
Plus they didn't add in the 24 percent increase in medicaid spending that will come from the Dr Fix.
Plus, the CBO has compeleted more recent projections showing Medicaid expensese and over alll cost RISING due to ObamaCare.
The ACAs effect on the economy ? Lol...its been pulling down the National economy since its inception.
You Libs don't get Math...and well you dont get how the free markets work.
You think mandating unquantifiable cost increases on Bussinesses and Consumers years before their implementation wont have a negative effect on a economy.
But ofcourse you wouldn't. You think the ACA is actually a good law.
