Of course he has
Get ready to pay through the nose:
More than half of Americans — 57 percent — said in a new survey that they think the GOP’s sweeping package extending tax cuts and slashing welfare services will increase their health-care costs.
Thirteen percent in the CBS/YouGov poll released Sunday said that the “big, beautiful bill” will lower their health-care costs and 33 percent said there will be no impact.
While the Congressional Budget Office has not yet released a final estimate for the measure as enacted, it projected that 16 million people would lose their health insurance by 2034 under an earlier House-passed version of the bill. This analysis has been the basis for many Democrats’ messaging around health care, and health-care advocates have still warned that the final version could be devastating to communities relying on Medicaid.
The sprawling package permanently extends many of the temporary tax cuts passed by Republicans during President Trump’s first term, alongside making deep spending reductions to Medicaid, the Supplemental Nutrition Assistance Program (SNAP), and other welfare programs. The measure would primarily benefit wealthy Americans, an analysis by the Yale Budget Lab found last month.
That 57% are not wrong. Guess what?
Affordable Care Act insurers are proposing their steepest premium increases since 2018, driven in part by the looming expiration of Biden-era enhanced premium subsidies and by the Trump administration’s tariffs, a new KFF analysis has found.
Insurers are asking for a typical rate increase of 15% with more than a quarter proposing hikes of 20% or more. KFF, a nonpartisan health policy research group, looked at 105 Affordable Care Act, informally called “Obamacare,” insurers in 19 states and the District of Columbia that have filed rates so far.
Steep rate increases in 2018 were also fueled by Trump administration policies, which were focused on weakening the ACA during the president’s first term after Republicans in Congress failed to repeal it in 2017.
You can bet that if the Obamacare premiums are going up so is all insurance. Your employer will feel it. Also, Trump is threatening huge tariffs on pharmaceuticals if they don’t move all their operations to Mar-a-lago by October (or something…) Should be great.