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Friday, July 21, 2017

Trump has no idea how much health insurance costs stat : CNBC

The numbers Trump cites seem to come from the universe of life insurance rather than that of health insurance. This isn't the first time Trump has so dramatically underestimated the costs of health insurance. Of course, anyone who has purchased health coverage, let alone studied the health insurance market, knows that a $12 monthly premium is unheard of. Trump can't strike a deal on health care when he doesn't understand health policy. "I know a lot about health care," President Donald Trump declared in a Wednesday interview with the New York Times.



Trump has no idea how much health insurance costs
But this is not the first time Trump has graced the nation with his vision of what health insurance is. Because you are basically saying from the moment the insurance, you're 21 years old, you start working and you're paying $12 a year for insurance, and by the time you're 70, you get a nice plan. Maybe he learned about health insurance from Rick Perry? Who doesn't understand anything about how the world really works, but especially health insurance. Which has nothing whatsoever to do with pre-existing conditions, but there's only so much crazy we can tackle here.

Trump "$12 a year" health insurance comment perplexes nation.


Trump thinks health insurance costs $12 a year, and other insanities
Donald Trump conducted an interview with the New York Times on Wednesday in which he said some newsworthy things about Robert Mueller, James Comey, and Russia. So Trump's explanation of how the system should/could work doesn't make sense even if you give him the benefit of the doubt on the $12 number. Which you shouldn't. Per a transcript of the interview released by the Times, he also made some perplexing comments about health insurance, namely this riff, which is ostensibly about the political difficulty of eliminating protections for individuals with pre-existing conditions:As others have pointed out, the president seems to be confusing health insurance rates with life insurance rates; life insurance is something you can pay a low rate for when you're young and then reap the benefits from when you're old/dead ("by the time you're 70") without having to pay an insane premium. Of course, 70-year-old Americans in every possible system of American health care—the one that currently exists, the ones that are proposed by Republicans, and the ones that are proposed by Democrats—will be covered by Medicare, not by plans they started to pay into when they were 21.


collected by :Lucy William

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