Monday numbers

Monday numbers

- in Fitzsimon File, Top Story

4—number of days since The Trump administration announced its decision to halt cost-sharing subsidies that help millions of lower-income Americans afford coverage under the Affordable Care Act (“White House’s decision to stop ACA cost-sharing subsidies triggers strong opposition, Washington Post, October 13, 2017)

25—percentage increase projected by the Congressional Budget Office in health premiums for medium-cost plans on the ACA health exchanges when cost-sharing subsidies under the heath care law are eliminated (“Deficit would balloon and premiums would jump if Trump ends healthcare subsidies, budget office says,” L.A. Times, August 15, 2017)

200 billion—amount in dollars of the increase in the federal budget deficit over the next 10 years the CBO projects when cost-sharing subsidies under the Affordable Care Act are ended (Ibid)

3—number of days since Blue Cross Blue Shield of North Carolina announced it might leave North Carolina’s ACA market in 2019 if the subsidy is permanently defunded (“Here’s how Trump’s ACA subsidy cuts will affect NC consumers, News & Observer, October 13, 2017)

1 million—number of Americans the CBO projects will lose coverage when cost-sharing subsidies under the Affordable Care Act end because of no insurance carriers in their markets (“Deficit would balloon and premiums would jump if Trump ends healthcare subsidies, budget office says,” L.A. Times, August 15, 2017)

7 million—number of Americans who earn up to 250 percent of federal poverty level whose deductibles and other out-of-pocket expenses are offset by the cost-sharing subsidies (Ibid)

3,609—amount in dollars of the possible deductible for a person who doesn’t qualify for a cost-sharing reduction and buys a typical Obamacare plan (“Trump will pull Obamacare subsidies in another attack on health law, Vox, October 12, 2017)

255—amount in dollars of the deductible for a person who qualifies for a cost-sharing reduction and whose income is at the poverty line or only a little above it (Ibid)

1,000—amount in dollars that cost-sharing reductions lowered out-of-pocket costs on average for each person who qualified for them (Ibid)

3—number of days since North Carolina Attorney General Josh Stein joined with 18 other state attorneys general to challenge in court the decision by the Trump Administration to end the cost-sharing subsidies (“NC AG Josh Stein joins federal lawsuit to save ACA subsidies,” News & Observer, October 13, 2017)

4—number of days since the White House said it was ending the cost-sharing payments to stop “the bailout of insurance companies through these unlawful payments….used to prop-up a broken system” (“Trump Administration to End Obamacare Subsidies for the Poor, NPR, October 12, 2017)

2—number of days since former Trump senior advisor Steve Bannon said the real reason for ending the cost-sharing subsidies under the Affordable Care Act was the “blow up Obamacare” (“Bannon: Trump Ended Insurer Subsidies To ‘Blow Up’ Obamacare, Talking Points Memo, October 15, 2017)

21— percentage of Americans who want President Trump and his administration to do what they can to make the Affordable Care Act fail so they can replace it later (“Poll: 7 in 10 Want the Trump Administration to Make the Affordable Care Act Work Rather Than Make it Fail, Kaiser Family Foundation, October 13, 2017)

71—percentage of Americans who want President Trump and his administration to do what they can to make the Affordable Care Act work (Ibid)

About the author

Chris Fitzsimon, Founder and Executive Director of N.C. Policy Watch, writes the Fitzsimon File, delivers a radio commentary broadcast on WRAL-FM and hosts "News and Views," a weekly radio news magazine that airs on multiple stations across North Carolina.
chris@ncpolicywatch.com
919-861-2066