1/ The House passed the devastating Tax Cuts & Jobs Act today. Starve the Beast? More like starve the poor and vulnerable. Thread. #winwithflynn#brianflynn#ny19#taxbill
2/ As if that wasn't bad enough, Republicans are already planning to pay for their $1.5 trillion tax bill by making cuts next year to vital safety net programs the most vulnerable in our district rely on such as Social Security, Medicare, welfare and food stamps.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
1/ @chrisjdmartin Hey Chris - ACA prohibited ins co's from discriminating against people with pre-existing conditions & required that everyone pays the same regardless of health. It also eliminated annual and lifetime limits on coverage.
2/ There were also consumer protections with the mandate that prevented individuals from waiting until they get sick to enroll, which kept the balance of healthy and sick individuals in the insurance risk pool - and premiums low. Without mandate, healthy enrollees can now drop...
3/ ...out of ACA-compliant plans. Remaining enrollees in risk pool would be sicker on average, forcing insurance co's to increase rates by about 10% to cover the increased average cost.