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In a front-page article, the New York Times (8/15, A1, Pear, Kaplan, Subscription Publication) reports that on Tuesday, the Congressional Budget Office said if President Trump makes good on his threat to stop making ACA subsidy payments to insurers, “premiums for the most popular health insurance plans would shoot up 20 percent next year.”

That may or may not be true, but I have to ask why aren't they focusing on the real issue.  It is the cost of healthcare, not health insurance that has to be addressed if we are ever to solve this problem.  Insurance is simply a pooling of money to spread the risk.  This September 2014 article from Consumer Reports is a must read. Why is Health Care so expensive? Why it’s so high, how it affects your wallet—and yes, what you can do about it https://www.consumerreports.org/cro/magazine/2014/11/it-is-time-to-get-mad-about-the-outrageous-cost-of-health-care/index.htm

Posted 9:30 AM

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