RATE WATCH 2019

Why Insurance Is Getting Even More Expensive?

The Trump Administration and Washington Republicans Keep Sabotaging Health Care

BACKGROUND

The GOP’s Repeal-And-Sabotage Agenda

While spending most of last year trying to repeal the Affordable Care Act and waging a war on our health care, President Trump and Republicans in Congress have also used their control of Washington to actively undermine the Health Insurance Marketplaces every chance they get – leading insurance companies to raise premiums for 2018 and 2019 and, in some cases, forcing them out of the individual market altogether. At the same time, they gave insurance and pharmaceutical companies hundreds of billions of dollars in tax breaks.


Washington Republicans’ goal is simple: sabotage and undermine the Affordable Care Act, then blame everyone but themselves for the consequences of their actions. 

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The Impact of the GOP’s Repeal-And-Sabotage Agenda

Sources: Urban Institute, March 2018

KEY QUOTES

Who’s To Blame For Rate Increases

“There are many, and I’m one of them, who believes that that actually will harm the pool in the exchange market, because you’ll likely have individuals who are younger and healthier not participating in that market, and consequently that drives up the cost for other folks within that market.”

Tom PriceFormer Secretary of Health and Human Services

“Rather than trying to eliminate Obamacare in one fell swoop, they’re trying to undermine it with multiple acts of sabotage — while hoping voters won’t realize who’s responsible for rising premiums and falling coverage.”

Paul KrugmanNew York Times Columnist

“Two of Virginia’s ObamaCare insurers are requesting significant premium hikes for 2019, according to initial filings released Friday. Both Cigna and CareFirst BlueCross BlueShield cited policies advocated by the Trump administration, including the repeal of ObamaCare's individual mandate, as part of its justifications for the increases.”

The HillMay 4, 2018

“The administration’s health care sabotage efforts have already had a big impact — but not the kind of impact officials promised. Insurance companies raised average premiums for 2018 A.C.A. policies by 30 percent.”

The Editorial BoardThe New York Times

“Continuing actions on the part of the administration to systematically undermine the market and make it almost impossible to carry out the mission...If continued efforts at the federal level undermine the marketplaces, I would think the board would have to examine what they would want — that’s very much on their mind.”

Chet BurrellCEO of CareFirst Blue Cross Blue Shield
GET THE FACTS

Repeal and Sabotage Are Driving Up Costs and the Uninsured Rate

18.3%

Premium increase as a result of the TrumpTax bill and the Trump Administration’s junk plans

37%

Average premium increase last year resulting from the Trump Administration’s sabotage

3.2

Million more people were uninsured at the end of 2017 than at the end of 2016