Subscribe | E-Editions | River News 75 | Super Shopper - FREE | About Us | Contact Us | FREE Classified Items Under $50
The Northwoods River News | Rhinelander, Wisconsin

Flanders Realty Group

home : opinions : opinions August 17, 2017

3/18/2017 7:29:00 AM
Trump Healthcare benefits the wealthy and young

To the editor:

Donald Trump promised Rural America he would repeal and replace Obamacare with something "terrific." He kept his promise. The American Health Care Act is terrific for the wealthy and young. For the rest of us, it is a financial nightmare. As many as 11 million Americans are about to lose their healthcare.

Under Obamacare, if you are 40 and earn $40,000, you now receive $4,150 in healthcare subsidies. Under the new plan, your subsidy is reduced by $1,150.

If you are between the ages of 60 and 64, your healthcare cost is about to skyrocket. Under Obamacare, insurance companies could only charge you three times more than they charged younger policy holders. Under the new plan, insurance companies can charge you five times more. Estimates are that you are about to pay 22 percent more for your plan.

There is more bad news for those between the ages of 60 and 64. You are about to lose $2,750 in tax credits.

Most Americans breathed a sigh of relief to hear that preexisting conditions would be covered under the new plan. That sigh of relief was followed by a gasp. The new plan removes the requirement that insurers cover a share of the exorbitant cost. Americans with preexisting conditions will see a huge increase in deductibles and copays.

It's time for good news. Wealthy Americans will be able to sock away more money in health savings accounts. Policy holders under 30, with incomes lower than $215,000, will receive generous subsidies. People in the top 1 percent will receive tax cuts averaging $33,000. People in the top 0.1 percent will receive tax cuts averaging $197,000.

Oh, to be young and wealthy! The rest of us in Rural America better not get sick!

Mary Hoeft,

Rice Lake

2016 Democratic candidate for Wisconsin's 7th U.S. Congressional District

Reader Comments

Posted: Monday, March 20, 2017
Article comment by: Elmer Leitl

Mary,it is to bad that Clinton and the DNC derailed Bernie because you could have voted for him and got everything for free.He would also showed you how to grow money trees It would be great if you would wait until it is final.I am not rich but i do not degrade those that are.

Article Comment Submission Form
Please feel free to submit your comments.

Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, and meet the comment guidelines (see "Comment Guidelines" at right). There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number and email address is for our use only, and will not be attached to your comment.
Submit an Article Comment
First Name:
Last Name:
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.

Advanced Search
search sponsored by

Subscription Login

Today's Circulars
Print-N-Save Coupons
Order photo reprints

Advertising Information

Community Connections
Submit to Newspaper...

Ced Vig's books for sale
Kris Gilbertson's 'I Recall...'

Marshfield Clinic - 1

Facebook | All Things | Wisconsin Lottery | The Lakeland Times - affiliate | Winter Road Conditions | Snow/Trail Conditions

The Northwoods River News | Walker Communications, LLC
232 S. Courtney Street, Rhinelander, WI 54501 | Office (715) 365-6397 | Fax (715) 365-6361

Corporate billing office: The Lakeland Times / Lakeland Printing Inc. | P.O. Box 790, Minocqua, WI 54548 | (715) 356-5236 | Fax (715) 358-2121
Members of the Wisconsin Newspaper Association, Wisconsin Community Papers, Rhinelander Area Chamber of Commerce, Minocqua Area Chamber of Commerce

Site Design and Content | Copyright 2017 1up!

Software © 1998-2017 1up! Software, All Rights Reserved