Since Obamacare was signed into law, the right has taken up “repeal and replace” as a political slogan. But a political slogan isn’t a policy goal. Republicans plan on voting on The American Health Care Act (AHCA) – also known as Trumpcare – this Thursday, March 23, which marks the seven-year anniversary of the Affordable Care Act’s (ACA) signing by Barack Obama.
Trumpcare amounts to a political slogan masquerading as policy. It will lead to a whole lot of pain that doesn’t improve the lives of many, but instead hurts millions badly.
Together We Will believes that Trumpcare will increase inequality. We have joined forces with the Center for American Progress to mobilize you for action. We believe that Trumpcare isn’t a “health care” plan at all, and it’s a pale immitation of Obamacare. Read on for reasons why, followed by what you can do about it..
- It’s a Tax Giveaway for the Rich: The 400 highest-earning households will get an average tax break of $7 million per year under Trumpcare. The wealthiest 0.1 percent of Americans will no longer be obliged to pay their fair share of taxes to the tune of nearly $200,000 per year on average according to a batch of analyses released by the Joint Committee on Taxation on Tuesday.
- It’s not clear what problems Trumpcare solves: Were voters clamoring for a bill that cuts taxes on the rich, raises premiums on the old, and cuts subsidies for the poor? Are we expecting Americans to be happy when 14 million of us lose our health insurance next year? When 24 million lose their insurance over the next decade? When many of those remaining have to pay higher deductibles?
So Who Will Actually Get Hurt?
Naturally, all of these giveaways to the wealthy come with a price tag. Repealing the Affordable Care Act (ACA) would cost the country approximately $350 billion. So who will really pays? Who benefits least?
- Average everyday workers like YOU. Working and middle class folks who go to work every day: office workers, firefighters, salesmen/women, police officers, construction workers, engineers, small business owners, teachers, nurses–the majority of Americans. the elderly, and some of the most vulnerable populations who are in the greatest need of healthcare. For families with a head of household age 55 to 64, the bill would increase costs by $7,604. For families with income below 250 percent of poverty, the bill would increase costs by $6,228.
- Older Americans will certainly suffer. The Republican bill allows insurers to charge up to five times as much in premiums for people who are approaching age 65. The AARP found that premiums would rise by as much as $3,600 for a 55-year old earning $25,000 per year, $7,000 for a 64-year old earning the same amount, and up to $8,400 for a 64-year old earning $15,000 a year.
- Medicare would be depleted: Due to massive tax cuts in Trumpcare there will be a drastic reduction in revenue to Medicare Part A trust fund by $117 billion between 2017 and 2026, according to the Joint Committee on Taxation.
- Hospitals would suffer: The AHCA’s changes to the ACA’s marketplace coverage provisions and the per capita cap proposal for Medicaid would also increase the number of uninsured, according to the Congressional Budget Office, putting additional strain on the nation’s hospitals to provide uncompensated care.
- Trumpcare does nothing to lower cost: After years of Republicans complaining that copays and deductibles were too high in Obamacare, copays and deductibles will be pointedly higher under Trumpcare.
- By removing the individual mandate, healthy individual will be able to purchase coverage with just a 30 percent penalty, and by eliminating actuarial values, insurers will effectively be able to separate the young and healthy from those who are old and sick. This in effect makes death spirals likely in weak markets. Even Paul Krugman agrees with us on this point!
What Can You Do? CALL TO ACTION!
Now you know the facts. WHAT CAN YOU DO ABOUT IT? We know that you’re busy and might just have 5-10 minutes to jump in and help out. Here are a list of ways you join Together We Will and Center for American Progress in taking some SIMPLE actions. And don’t forget to share this information and pass it on!
We have 5 days until the House votes on Trumpcare, and we have identified 32 moderate Republicans we think are swayable. Yesterday CAP put out a report showing how many people will lose their health care per congressional district (data for districts in MN, VA, FL, NC will come Monday, but the others are in there now).
As a co-founder of Together We Will (TWW) Azadeh Ghafari believes in leveling the political playing field for forward-thinking candidates. She seeks to build a powerful movement dedicated to electing progressives into office. She currently leads TWW Political Strategy Advisory Board. Azadeh earned a dual bachelor’s degree in history and political science and a minor in economics from UCLA. She went on to earn her dual master’s degree in public policy and social work from USC. Her areas of interest are based around policy analysis within higher education. She is pursuing a Ph.D in the field of education. She currently works as a nonprofit development director and political fundraising consultant.