Donald Trump wants to scrap Obamacare but keep its most popular provisions. Too bad that’s impossible ..
.. you caught the one-legged stool ..
Joel Dodge November 15, 2016
[...]
Keeping Obamacare’s coverage guarantee is nothing more than an empty promise without the support of the rest of the law. Obamacare’s coverage expansion is carefully calibrated to navigate the complexities of the health insurance market. It’s a three-legged stool, coupling guaranteed coverage for the sick with subsidies and an individual mandate, to ensure that markets remain sustainable and accessible to all. By getting rid of the law’s mandates and subsidies, Trump and Ryan would kick out two of these legs. This irreparably weakens the third leg that they want to keep—the ban on preexisting condition discrimination.
If Trump is serious about making sure that the sick can get coverage and treatment, he’s going to have to keep the overarching structure of Obamacare, too. Short of that, Trump’s promise to protect those with pre-existing conditions is one big hoodwink.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.