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Tim C.'s avatar

It's already happening. A friend received a letter informing her she'd be dropped by her carrier at year's end. She gets her coverage through NJ's marketplace since she's retired but not yet qualified for Medicare. The "Big Beautiful Bill" strips away incentive $'s previously paid to insurers which made it possible for them to participate in health insurance marketplaces/exchanges in the first place. My friend has no idea what she's going to do & can't afford a pricier policy from a private insurer. This is the real world impact this legislation has set in motion- nothing "Beautiful" for tens of millions of Americans.

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Alan Albin's avatar

The ACA was designed to try to back-load the real costs of the plan onto later years, and to minimize transparency of those costs, so it would be able to pass in Congress. Please reference Jonathan Gruber, the MIT economist who played a large role in the development of the ACA. The ultimate end game was that when ACA failed because it was financially unsustainable in later years (i.e. about where we are right now), the U.S. would then be primed to transition to a single-payer health care system. Regardless of trying to blame everything bad on Trump, the ACA as originally implemented was never going to be sustainable in the long term, because it wasn't meant to be a long term plan--simply an on-ramp to establishing a single-payer health care system in the U.S.A. In fact ACA isn't even "insurance"---it's a subsidy system for young healthy people to subsidize the health care costs of older sicker people.

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