Dem 47
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GOP 53
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Trump Is Now Blaming Insurance Companies for Rising Health Insurance Costs

One of the basic principles of Trumpism is that nothing bad is ever his fault, no matter what. He promised to lower prices on day 1 and didn't, so he needs one or more scapegoats. Health insurance is a particular problem because the insurance companies are assuming the Democrats will not be able to get all the subsidies restored, so they are raising premiums so they can stay in business.

Trump doesn't want to admit that requiring insurance companies to accept sick people works only if the government subsidizes them, which he opposes. So now he has taken to blaming the insurance companies for being greedy and ripping people off. On his terribly unhealthy social media site he posted: "The only healthcare I will support or approve is sending the money directly back to the people, with nothing going to the big, fat, rich insurance companies, who have made $trillions, and ripped off America long enough."

That is not really true. Once insurance companies were required to accept seriously sick people and not charge them extra for being sick, the only ways to cover their costs were to charge everyone very high premiums (which would cause healthy people to drop insurance) or get government subsidies (which Trump opposes). Sending money to people directly does not change this unless he accepts the idea that premiums will be sky-high and people can use the money he sends them to pay the sky-high premiums. That is just a government subsidy done in a complicated way.

The political question is whether people believe him. Some might. Insurance companies are no angels, but the money coming in has to match or exceed the money going out, or the whole system collapses. If the Democrats can explain that the only way to have the insurance companies insure sick people with a premium that is affordable is to subsidize them somehow, voters might be able to understand it. (V)



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