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Belle of the Ranch

Let's talk about Medicare, Medicaid, SNAP, the ACA, and Trump's plans....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 9 November 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Medicare, Medicaid, SNAP, the ACA, and Trump's plans....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:04.0

So today, we're going to talk about Trump's plans for Medicare, Medicaid, and the ACA.

0:10.0

We're going to continue our assessments, now looking at healthcare.

0:15.0

We'll throw a snap into this video as well.

0:18.0

The big question for those concerned with this topic is will there be cuts and how much

0:23.7

those cuts will be. Okay, let's start with the Affordable Care Act, otherwise known as Obamacare.

0:30.9

The Biden administration made sure to include subsidies in the American Rescue Plan,

0:36.0

and they expanded the subsidies to a lot of the middle

0:38.7

class, but those subsidies expire at the end of 2025. Republicans have signaled they're opposed

0:46.3

to the subsidies. According to the Congressional Budget Office, if the subsidies aren't extended

0:52.2

in the year after they expire, more than 4 million people

0:56.1

will lose their health insurance because they won't be able to afford it. Others will have to pay more.

1:03.2

Even without the promised concepts of a plan by Trump, the ACA will likely take a hit. Reporting suggests

1:10.6

that those hit hardest by the cuts will be those that saw the biggest

1:14.1

increase in people getting their insurance through the ACA after the subsidy started.

1:20.2

Very red southern states.

1:22.6

When it comes to Medicare, Trump promised not to cut it.

1:26.7

However, it does seem very likely that Trump will

1:29.5

accelerate the privatization of Medicare through Medicare Advantage plans. There's been a GOP push

1:36.7

to let private insurers run Medicare since the mid-90s. That's likely to continue and accelerate.

1:46.9

On to Medicaid, it's definitely on the chopping block. How do we know? Because he tried in his first term to make major cuts. In fiscal year 2020

1:54.2

budget, he proposed cuts to Medicaid and the ACA that over 10 years would have amounted to

...

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