The U.S. Congressional Budget Office estimates that 15 million Americans will fall off the health insurance rolls next year.
That number will rise to 22 million over 10 years, and insurance costs will skyrocket for older Americans—the ones who need healthcare most.
According to the New York Times, under Trumpcare the CBO estimated that a 64-year-old with an annual income of $56,800 in 2026 will pay an average annual premium of $20,500—three times more than under the Affordable Care Act, (aka Obamacare).
There are many possible ramifications of this, but one thing it is likely to boost is medical tourism.
By simple market dynamics, when prices rise, buyers shop around for better deals. As prospects diminish in America, traveling to foreign countries for more affordable healthcare will become increasingly attractive.
Medical tourism is already booming. But under Trumpcare, its growth rate will soar.
Read full article on travelpulse.com
Source: http://www.travelpulse.com/
Comments
more recommended stories
Tensions with China help U.S. see importance of North American trade (Jesus Seade)MEXICO CITY (Reuters) – Tense U.S.-China.
Finally, the U.S. lifts tariffs on Canadian, Mexican metalsWASHINGTON/OTTAWA (Reuters) – The United States.
Puerto Vallarta is recognized as the world’s second most important beach destination for the LGBT communityPuerto Vallarta is internationally recognized as.
AMLO pardons defaulting CFE debtors in his homestate of TabascoMexico’s Federal Electricity Commission (CFE) will.
U.S Treasury works with government of Mexico against perpetrators of corruptionOn Friday May 17th, the United.
Domestic workers’ labor rights have been officially expanded in MexicoMexico’s Congress voted to grant the.
Smog from pollution continues to choke the skies over Mexico CityMexico City authorities have announced a.
Mexico prepares tax deal with technology platformsMexico’s Finance Ministry plans to announce.
Thousands of fires are blazing across MexicoMexico is facing an extremely heavy.
Mexico City officials had to cancel school due to poor air qualityMexico’s education ministry cancelled schools in.
Leave a Comment