‘10 years later’ Trump ‘still has no health care plan’: Obama HHS secretary

Healthcare Costs and Subsidies - The Senate has a December deadline to address healthcare costs, but open enrollment is already underway [1] - Individuals may delay signing up for healthcare in hopes that prices could decrease [2] - Companies ideally have a second, lower price point in case Congress acts to lower costs [3] - Approximately 92% of enrollees in the ACA marketplace receive enhanced premium subsidies [4] - Every health plan in the United States is subsidized by the federal government, with Affordable Care Act plans being the least subsidized [5] - Employer-provided health plans also receive subsidies through tax write-offs [6] Market Dynamics and Challenges - Healthcare is expensive and becoming more so due to scientific breakthroughs, blockbuster drugs, and an aging population [9] - The US healthcare system is a public-private partnership, unlike some countries where the government pays for 100% of healthcare [10] - The idea of giving people money directly to buy insurance or healthcare is criticized as lacking understanding of the insurance market, potentially pricing out or locking out older or sicker individuals [13][14]