I just received an advertisement for Trumpcare. Should I join?

I just received an advertisement for Trumpcare. Should I join?

The advertisement was in the form of an Email. It came with a nice logo, featuring a symbolic American flag, and looked quite official.

It resembles what I might receive from a federal agency:

Alas, like all things associated with Donald Trump, Trumpcare is mostly BS, a non-existent “program” designed and named solely to stroke the endlessly needy ego of Donald J. Trump.

There is no Trumpcare. There only is a group of proposed modifications to Obamacare (ACA) that provide less care, and cost more than the original.

One of the most important features of Obamacare is the ban on discrimination against pre-existing conditions.

Here is what the site “TrumpCare and Pre-Existing Conditions” says:

TrumpCare weakens (not eliminates) key protections for women, seniors, low-income Americans, and those with pre-existing conditions, which could result in tens of millions (including those with pre-existing conditions) being excluded to from the market or placed in a high-risk pool due to cost.

If one wants to speak truthfully without diving into the whole explainer above, they can simply say, “TrumpCare/ The American Healthcare Act weakens pre-existing conditions protections.”

Or more generally, “TrumpCare/ The American Healthcare Act weakens protections for women, seniors, low-income Americans, and those with pre-existing conditions.”

If one wants to add more detail they can say, “The state waivers, paired with reduced cost assistance, a fee for re-entering the market, less employers offering health plans, and the freezing of Medicaid expansion could lead to many being effectively excluded from insurance due to having a pre-existing condition (the effect is indirect, not direct).”

FACT: As many as 1 in 2 Americans have a condition that could count as a pre-existing condition and, although not every possible pre-existing condition would be excluded, a portion of those 50% with pre-existing conditions could see new hurdles under TrumpCare.

FACT: The plan (before the Amendments) had a price tag that came in under the ACA according to the Congressional Budget Office, saving $337 billion (for the federal government) over the decade (according to their first report).

However, it did this by leaving 52 million without coverage by 2026 (it increases the uninsured by 24 million by 2026 for a total of 52 million).

The cost and uninsured rate are subject to change based on changes to the bill.

Much like Trump University and Trump Foundation, Trumpcare is a bit of sleight-of-hand that seems to promise much, but in reality, it is a figment of Trump’s imagination.

The changes from Obamacare mostly involve turning over to the states, decisions about benefits.

Those of you who live in “red” states know what that means: If you’re middle- or lower-income, you’re about to be cheated by right-wing, “states rights” bologna.

Continuing with the article:

Very simply, TrumpCare/ The American Healthcare Act weakens pre-existing conditions protections.”

Or more generally, “TrumpCare/ The American Healthcare Act weakens protections for women, seniors, low-income Americans, and those with pre-existing conditions.”

If one wants to add more detail they can say, “The state waivers, paired with reduced cost assistance, a fee for re-entering the market, fewer employers offering health plans, and the freezing of Medicaid expansion could lead to many being effectively excluded from insurance due to having a pre-existing condition (the effect is indirect, not direct).”

FACT: As many as 1 in 2 Americans have a condition that could count as a pre-existing condition and, although not every possible pre-existing condition would be excluded, a portion of those 50% with pre-existing conditions could see new hurdles under TrumpCare.

FACT: The plan (before the Amendments) had a price tag that came in under the ACA according to the Congressional Budget Office, saving (the federal government) $337 billion over the decade (according to their first report).

However, it did this by leaving 52 million without coverage by 2026 (it increases the uninsured by 24 million by 2026 for a total of 52 million).

The cost and uninsured rate are subject to change based on changes to the bill.

In summary, so-called “Trumpcare,” if it ever existed, would save money for the Monetarily Sovereign U.S. government (which can afford anything and never run short of dollars), while shifting a massive health burden to the middle- and lower-income people.

If you liked Trump University, Trump Foundation, Trump Steaks, Trump Airlines, Trump Vodka, the Trump Casinos, Trump Mortgage, Trump Magazine, Trump Tower Panama, GoTrump.com, Trump: the game, and my very favorite,  Donald Trump, the fragrance (for those of you who wish to smell like Trump), all of which were failures (and some illegal), perhaps you also will enjoy Trumpcare — if it ever passes.

But as with all things Trump, hang on to your wallet.

And by the way, none of the business failures was Trump’s fault. Ask him.

Rodger Malcolm Mitchell
Monetary Sovereignty
Twitter: @rodgermitchell
Search #monetarysovereignty Facebook: Rodger Malcolm Mitchell

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The most important problems in economics involve:

1. Monetary Sovereignty describes money creation and destruction.
2. Gap Psychology describes the common desire to distance oneself from those “below” in any socio-economic ranking, and to come nearer those “above.” The socio-economic distance is referred to as “The Gap.”

Wide Gaps negatively affect poverty, health and longevity, education, housing, law and crime, war, leadership, ownership, bigotry, supply and demand, taxation, GDP, international relations, scientific advancement, the environment, human motivation and well-being, and virtually every other issue in economics.

Implementation of Monetary Sovereignty and The Ten Steps To Prosperity can grow the economy and narrow the Gaps:

Ten Steps To Prosperity:

1. Eliminate FICA

2. Federally funded Medicare — parts A, B & D, plus long-term care — for everyone

3. Provide a monthly economic bonus to every man, woman and child in America (similar to social security for all)

4. Free education (including post-grad) for everyone

5. Salary for attending school

6. Eliminate federal taxes on business

7. Increase the standard income tax deduction, annually. 

8. Tax the very rich (the “.1%”) more, with higher progressive tax rates on all forms of income.

9. Federal ownership of all banks

10. Increase federal spending on the myriad initiatives that benefit America’s 99.9% 

The Ten Steps will grow the economy and narrow the income/wealth/power Gap between the rich and the rest.

MONETARY SOVEREIGNTY