Leftwing Outrage of the Day: Obnoxious Fox Guy Jessie Watters Makes a Statement Which May Or May Not be a Lewd Sexual Remark About Ivanka Trump;
Liberal Hero "Reporter" Jake Tapper Pounces
| Main | Ignore Vox Writers At Your Peril: They're Better Than The Onion
April 26, 2017

Obamacare Cost-Sharing Subsidies Will Not Be Part of the Deal Republicans Make to Keep Democrats From Shutting the Government Down, Ryan Claims

That's a deal that only a Democrat could offer to a Republican.

In exchange for you continuing funding Obamacare, we'll allow you the benefit of also being permitted to continue funding Planned Parenthood.

We are always bargaining from a position of weakness. Never strength. Just this cramped posture of a beaten boy who rolls up into a ball covering his head and crying "Uncle."

And by the way, I assume this is a negotiating position and when the Democrats shut down the government, we'll give in on some cost-sharing subsidies for Obamacare.

John Sexton explains what cost-sharing subsidies are: Direct payments to insurance companies

Cost-sharing reduction payments are separate from the subsidies used to lower the cost of insurance premiums for people buying Obamacare plans on the exchanges (those who make under 400% of the federal poverty line). CSRs are additional payments made directly to insurers to lower out-of-pocket costs including copayments and annual deductibles. However, the way the law is written means that insurers must discount those items for people at the low end of the income scale whether or not they are receiving the money to cover it from the federal government. So if the CSRs are cut off, as Democrats worry the Trump administration made decide to do, insurers will be losing, even more on the exchanges than they already are.

Insurers are mandated to offer discounts to the poor, Sexton reports, so the cost-sharing subsidies are really just a gimmicky rigged game to try to disguise the fact that yes, you are subsidizing other people for their insurance. The government taxes you, the government orders insurers to lower costs for the poor, the government taxes you more and gives some money to the insurers.

Without the subsidies, the insurance companies will lose money even faster.


digg this
posted by Ace at 06:34 PM

| Access Comments




Recent Comments
publius, Rascally Rapscallion of a Poperin Pear: " If you want to see a little bit of Uncle Sam's ..."

Shep Smith: "Men don't make passes at chaps without asses. ..."

JAS: "I will probably tune-in to watch the World Series ..."

Farmer: "Posted by: Ruth H at October 22, 2018 09:10 PM (l9 ..."

Mike Hammer, etc., etc.: " Ss used to be only 3 or 4% contribution. So not o ..."

No One of Consequence: "I'm trying to think of an appropriate Horde meme ..."

Vendette: "Oh, I got a good one...tell them that building she ..."

Vendette: "Hello, Boone!!! ..."

lin-duh: "Oh, I got a good one...tell them that building she ..."

Blago: "Not a single person who hangs out here will net be ..."

JAS: "I am collecting SS old age pension.  2 and on ..."

NaCly Dog: "Boone Good to meet you. Glad you are posting ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64