Sunday, May 7, 2017

Trumpcare will dramatically increase bankruptcies of the Middle Class

One of the good things about Obamacare was the elimination of yearly and lifetime caps on insurance coverage. Middle class families were going bankrupt when confronted with skyrocketing costs to save the lives of family members, or to pay for the effort to save a dying family member. Then Obamacare was instituted and guess what?  Bankruptcies in America have been cut in half, from a high of 1,536,799 in 2010 to 770,846 in 2016.  See chart:

Republican's Trumpcare will bring Middle and Lower Middle Class bankruptcies due to unafordable costs to treat seriously ill and dying family members back.  Isn't that nice of them?