With so much debate on each side, I felt the need for a clear explanation of the differences between Obamacare and the new Trumpcare plan. Principally, I want to understand which will provide the best care to the most people with the least upset on family finances. Does it really make sense to dismantle Obamacare?
As a result of my point-by-point analysis of the infographic below, I vote for tinkering with and correcting the deficiencies of Obamacare. But what do I know? I only have access to limited information and a whole lot of political babble proclaiming the benefits of each plan.
Which System Works Better for Personal Healthcare?
After careful review of each point, the bias leads towards working out how to improve Obamacare. If healthcare reform were represented by the great ocean liner called the Titanic, Mr. Obama and his administration were attempting to redirect the ship’s course to avoid the iceberg. An impossible task.
On the other hand, Mr. Trump and his administration seem to prefer that people jump off the ship (and drown – see “age rating ratio” on infographic) rather than have to deal with the high cost of healthcare over the course of a long life.
After analyzing the infographic, it seems like Trumpcare focuses on the healthy — and punishes the sick for sucking up resources.
Now is a terrible time to be sick in the US
“It takes little courage to aid those who are already powerful, already comfortable, already influential,” Mr. Obama said, “but it takes great courage to champion the vulnerable and the sick and the infirm.” source: Obama Defends Affordable Care Act, but Leaves Trump Out of It
Major Differences Between Trumpcare and Obamacare
After reviewing this infographic, “How does Trumpcare – AHCA stack up against Obamacare?”, these are my thoughts, concerns and pass/fail grades for each section.
- Individual Mandate: Fail to keep continuous coverage and you will pay 30% more per month. Choosing to interrupt coverage might indicate an inability to pay for it in the first place. (FAIL – Trumpcare)
- Essential Health Benefits: allow states to decide if insurance companies have to cover these. Do the politicians want to be re-elected? But will individual states have to bear the cost? Creates confusion. I feel like some states will say no and that is why the option is available. (FAIL – Trumpcare)
- Pre-Existing Conditions: Moves the pressure to make difficult decisions to the state level. Creates confusion. Creates unequal access state-to-state. (FAIL – Trumpcare)
- Cost Assistance: Trumpcare provides “tax credits”…huh? If you file the 1040 short form, you won’t see a tax credit. Obfuscating alert! (FAIL – Trumpcare)
- Medicaid funding: With Trumpcare, fewer people will qualify. Why is that OK? Who votes for that? Creates confusion. I feel like a pattern is developing. No wonder people on both sides seem confused. (Fail – Trumpcare)
- Age rating ratio: Well, now what’s wrong with older people paying 5 times more than younger people? Don’t you have a 401k you can dip into? I’m beginning to think this infographic is biased toward Obamacare. (Fail – Trumpcare)
- Prescription drugs: looking to international markets to provide lower prescription costs. Finally. That sounds good. As long as the quality is equivalent, of course. (Pass – Trumpcare)
- Health Savings Accounts : this is a personal choice. I don’t use an HSA, but it doesn’t matter. Points 1-6 are so dismal, people will need to put even more money in to pay for their health care. You gain a tax advantage, but end up spending more than the advantage gains you to get and stay well. (Fail – Trumpcare)
- Tax Deductions: Deduct the full cost of health insurance premiums on federal tax returns…as long as you file the long form. Somehow, this feels as helpful as someone handing you an ice pack — after they punched you in the face. (Fail – Trumpcare)