And yet here you are, sharing propaganda that blames the Democrats for premium hikes intentionally triggered by Trump when he
illegally dismantled part of the ACA.
Obamacare bombshell: Trump kills key payments to health insurers
The insurance and Health care companies are business that set rates a year or more in advance so they can maximize profits. The bean counters have to plan ahead to calculate premiums and profits by estimating market trends. When Trump took office the rate hikes, set during the last years of Obama, finally took affect. The left does not like business, and has no clue how big business always plans ahead. A big ship takes a lot of time to turn, so you need to start the turn very early, so the turn will time out with the future needs; Big Business 1.0.
The way the Democrats set up ObamaCare, it was destined to fail, since there were incentive in place to raise prices. Big University was set up the same way by the Democrats. The goal of the Democrats, under ObamaCare, was to collapse the system, so Big Government could ride in on a white horse and save the day; single payer. The Green New Deal uses the same tired scam; collapse then save the day.
In the case of Obamacare, this lack of price control and transparency caused a middle class problem in terms of lack of affordable care. These people became Trump's base since they lived the truth, in spite of left wing lying. Aren't violent riots called peaceful demonstrations, now by the Democrats? One is being told to deny reality then and now.
Trump hinted of his plan at a rally he gave a few days ago in Latrobe, Pennsylvania. However, he said this legislation will not take affect until Jan of 2021. He hoped it would be sooner, but he needed the Democrats on board, and the Dems did not want Trump to get credit before the election.
The gist of the plan is to require full transparency in pricing for hospitals, doctors, drug manufacturers, insurers, and support industries. This was not required under ObamaCare. The consumer will be able to see what everyone is charging causing shoppers awareness. This will increase competition and lower prices. Under ObamaCare, prices changes were secret in exchange for campaign donations and kickbacks to Democrats. This ripped off the consumer and hurt the middle class. Some Democrats states still will not allow you to shop outside their state; kickback deal.
Picture a person who needs medication. Before he would pay a very high price. Now he or she will be able to sees that the manufacturer sells their same drug, for only 10% the cost, in Germany. Many people are not aware of this. The consumer will be outraged and will look for a better price. Trump plans to tap into America ingenuity instead of bureaucrats in Washington. Business people will see profit in the differences in cost. For example, middlemen will go to Germany and buy their meds at the lower German price, and then sell them cheaper than the manufacturer in the USA. The manufacturer, to keep consumer confidence, will be forced to lower prices. Healthcare will become affordable under TrumpCare, as closed doors price deals, under ObamaCare, become open door under Trump Care.