Beware misinformation and false promises – especially from people who don’t know what they are talking about.

Donald J. Trump

@realDonaldTrump· December 25, 2023

Obamacare is too expensive, and otherwise, not good healthcare. I will come up with a much better, and less expensive, alternative! People will be happy, not sad!

TruthSocial

Where have you heard that before? Oh yes, from the same source in 2015.

Wouldn’t you think that the “better alternative” could have been developed and available during the last nine years so Americans could evaluate the plan before anyone votes this year?

By the way and most important to understand because you will be mislead …

Obamacare does not provide health care, it is insurance provided through many different insurers.

It is no different than employer based insurance.

The cost to individuals is subsidized by taxpayers. So is employer coverage for that matter.

If Obamacare is too expensive it is because the premium subsidies to millions of Americans are too generous. That is true in some cases, but do individuals relate that to their personal situation?

It will be interesting to see what a less expensive plan means to individuals and how it will cover all the people needing coverage and provide good health care.

There is no connection between the third party paying your health care bills and the quality of care you receive.

6 comments

    1. The way I read it he was questioning my remark about greater subsides with Obama care. I replied I was thinking about individual subsides not aggregate government spending. Individual subsidies are greater for Obamacare than through most employer as far as individuals go. Of course, employers get a tax deduction.

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  1. You stated: “… Just like both these programs, the cost is subsidized by government collected taxes. More so in Obamacare than employer and Medicare insurance. …”

    “Obamacare” – Of the 15.7MM or so enrollees in the Marketplace Exchange, 91% received some sort of taxpayer subsidy – in excess of $60 Billion of subsidies.

    Employer Sponsored “Insurance” – The tax preferences for ESI are the largest “loophole”, otherwise known as a tax preference, in the federal budget – in excess of $300 Billion of “lost” revenue

    But, sorry, taxes fund all but 10% of Medicare Part A, all but 25% of Medicare Part B and Medicare Part D.

    According to the Medicare Trustees report, here is how Medicare is funded:

    General revenue taxes: 46% (~74% for Medicare Part B and Part D)
    Payroll taxes: 34% (FICA-Med ~90% for Medicare Part A)
    Retiree “premiums”: 15% (~25% for Medicare Part B, 15% for Part D)
    SS Benefit Taxation: 3% (~8% of Medicare Part A)
    Dual Eligible – States 1% (Mostly Part D)
    Interest 0.6%
    Other 0.7%

    Total income = $900+ Billion, of which 85% or $765+ Billion comes from taxpayers.

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