tl;dr: republicans have pushed the CHOICE arrangement act through the house. this act which will push back regulations on “short-term” plans (which biden calls “junk insurance” because of how little they’re required to cover compared to normal healthcare plans) & make them much more widespread. these plans, while cheaper, can often miss very important requirements such as prescription drugs, hospitalization, & mental health care
How will it correct any of that?
Don’t get me wrong, this proposal is by no means perfect or even the thing I would ideally address first.
But making more options for small companies and loosening the restrictions on what qualifies for health insurance will help curb the cost of medical care overall.
What is the point of having cheap insurance options if said insurance does not cover or actually do anything? It’s worthless junk literally! Instead of taking the insurance you’d be better off pocketing the money and forgoing it all together.
I don’t know how you can blame “Obamacare” for medical prices increasing when it is clear that they would have and will continue to rise no matter if “Obamacare” still exists or not. When healthcare is about profits and is a business, whether any of us live or die does not matter to these companies.
Sorry, that sounds like a version of trickle down economics, which we know never did.