President Trump is set to deliver a live address to the nation tonight at 900 PM. One issue he might touch on is health care as subsidies for millions of Americans are all but certain to expire at the end of this year after House Speaker Mike Johnson said yesterday there would be no vote on extending the Affordable Care Act tax credits this week, which would be incredibly painful for many American families. However, one key House Republican is taking GOP leaders to task over allowing those subsidies to expi ...

The UK government will increase subsidies for electric vehicles as it seeks to mitigate a tax rise that’s expected to target the cars at next week’s budget. https://t.co/GIcppWWm38 ...

Obamacare Criticism - President Trump advocates for direct payments to individuals instead of subsidies to profitable insurance companies [1] - Obamacare is deemed unaffordable and irreparable, with premiums significantly increasing [6][7] - The industry argues that Obamacare consolidated the market, reducing choices for consumers [21] Proposed Healthcare Alternatives - The proposal suggests giving subsidies directly to individuals, allowing them to choose plans that suit their needs and rewarding healthy behavior [8][11] - The industry emphasizes the need for competition and choice in the healthcare market to drive down costs [21] - The industry suggests allowing insurance companies to operate across state lines to increase competition [13] Political and Policy Considerations - Republicans aim to remove politics from healthcare policy and involve professionals to create an affordable, free-choice system [18] - Democrats are criticized for using healthcare as a leverage point and for supporting a system known to be flawed [16][14] - Concerns are raised about increasing the number of uninsured individuals if Obamacare is repealed without a viable replacement [20] Profitability of Insurance Companies - The industry questions the rationale behind subsidizing insurance companies that are already highly profitable [4][5] - Some insurance company stocks have seen substantial increases, such as rising from $30 to $330 per share [5] - The industry acknowledges that well-intentioned government regulations can dampen competition and increase healthcare inflation [12][13]

Healthcare Costs & Subsidies - A Texas family of four faces a premium increase from $1,200/month to over $3,500/month without subsidies, resulting in over $43,000/year out-of-pocket costs [2] - Subsidies are critical to about 20 million people, highlighting the importance of addressing healthcare costs [3] - The cost of healthcare is rising across various sectors, including Medicare, Medicaid, and employer plans [4] - In 2023, insurers received an estimated $92 billion in ACA subsidies [7] Affordable Care Act (ACA) & Potential Changes - The current administration's proposed approach of giving people money to negotiate healthcare on their own could potentially destroy the existing healthcare market for 20 million people [5] - The ACA ensures that individuals with pre-existing conditions cannot be refused coverage or charged more than the group plan rate [6] - The speaker suggests that the current administration doesn't understand or care about healthcare, particularly the ACA [5][11] Alternative Healthcare Models - Medicare and Medicaid have the lowest administrative costs, leading to a discussion about Medicare for All as a potential alternative [9] - The current system involves individuals not supported by employer plans buying their own coverage with certain protections [10]

Healthcare Subsidies and the ACA - The ACA has faced challenges since its inception, with additional subsidies added during COVID-19, raising questions about the system's fundamental structure [1] - The administrator does not support extending the COVID-era subsidies in their current form, advocating for a more robust improvement of the ACA [1] - Original ACA models anticipated a 50/50 split between private sector and government-subsidized exchange participants, but it's currently 95% government-subsidized [1] Government Spending and Healthcare for Undocumented Immigrants - An investigation revealed over $1 billion spent on healthcare for undocumented immigrants in just a few months across half a dozen states [1] - Federal funds are not supposed to be used for undocumented immigrants' healthcare, but states may co-mingle funds, leading to unintended consequences [1] - States are already returning hundreds of millions of dollars, implying recognition of improper payments [1] Drug Pricing and Negotiations - The president claims to be cutting drug prices by percentages exceeding 100%, citing examples where prices have been significantly reduced [2] - The US pays three times more for the same drugs compared to overseas markets [4] - Signed contracts exist with manufacturers, including Pfizer and AstraZeneca, to lower drug prices [5][7] - Fertility drug prices were reduced from $242 to $10 [5] - The administration is working to ensure Medicaid patients receive most favored nation drug pricing [9] Government Shutdown and Healthcare Policy - The government shutdown hinders discussions and compromises needed to evolve the healthcare system [2] - Reopening the government with a clean continuing resolution is necessary to allow federal employees to contribute to healthcare policy development [2]

Government Shutdown & Funding - The Shutdown Fairness Act aims to ensure federal employees receive paychecks during shutdowns [1] - Senator Johnson introduced the Eliminate Shutdown Act to permanently prevent government shutdowns [2] - The current shutdown is entering its fourth week, forcing essential federal workers to work without pay [2][3] - The existing appropriations process is highly ineffective, with a 96.7% failure rate in passing appropriation bills [10] - The "uni party" (big spenders in both parties) contributes to government dysfunction and increasing debt, currently at $37 trillion [11] Healthcare & Obamacare - The debate centers on extending enhanced subsidies under Obamacare, with concerns about fraud estimated at $20 billion to $30 billion annually [19][20] - Democrats are portrayed as wanting to continue enhanced subsidies, while some Republicans fear the political fallout of ending them [20] - The speaker is open to working with Democrats to repair the damage done by Obamacare, which has driven up premiums and deductibles [21][22] - Obamacare's design flaws are cited as the primary reason for rising premiums, not the potential removal of enhanced subsidies [28] - The speaker argues that even without enhanced subsidies, people will still receive subsidies under the original Obamacare framework [31] - Obamacare has led to a 118% increase in premiums, significantly exceeding the 39% inflation rate [32]

Government Shutdown & Funding - The government shutdown is in its third week, impacting various services and programs [1] - Senate Democrats are blocking the bill passed by the House to reopen the government [2] - A single Democrat in the House supported the bill to prevent the shutdown [2] - 44 Democrats in the Senate voted against the bill, causing pain for Americans [3] - Every week of the shutdown results in a $15 billion loss in gross domestic product [4] Healthcare Subsidies & Obamacare - The debate over healthcare subsidies is a distraction from the core issue of government funding [8] - The subsidies don't expire until the end of the year, and a debate was planned for October/November [8][9] - Extending subsidies without Obamacare reform could face opposition in the House [7] - The current subsidy system lacks income caps, subsidizing even wealthy individuals [10] - Democrats initially set the subsidy expiration date for the end of 2025 [11] - Obamacare has led to increased healthcare costs [13][20]

Fiscal Policy - Malaysian Prime Minister plans to reduce subsidies to decrease the budget deficit next year [1] - Malaysian Prime Minister aims to enhance tax collection to decrease the budget deficit next year [1]

Overnight, Democrats got a new unexpected ally on the issue of extending the expiring Affordable Care Act subsidies. At the very heart of this shutdown debate, it's Republican Congresswoman Marjgery Taylor Green of Georgia, who broke with her own party yesterday, writing a lengthy post on social media calling for action to extend Obamacare subsidies and prevent insurance premium hikes. Green wrote in part that her adult children, who are covered by the ACA, have health insurance premiums that will double ne ...

All about the Obamacare enhanced subsidies that could spur a US government shutdown https://t.co/nYsMww063x ...