Some Republicans are claiming that the Trumpcare bill passed by the House of Representatives is about lowering premiums and giving states flexibility. However, the congressman given credit for reviving Trumpcare, Rep. Tom MacArthur (R-NJ), admitted that the purpose of the bill is to protect the profits of insurance companies by shifting the costs of pre-existing conditions onto the taxpayers.
On the May 5th MSNBC show “For the Record with Greta,” MacArthur had this to say [emphasis mine]:
MacArthur: The reason premiums have skyrocketed over the last seven years is because pre-existing conditions are being borne by all the policyholders and millions, 23 million haven’t bought insurance so you have this, you have this less than optimal group paying for all these pre-existing conditions.
Greta: So who will be paying for all the pre-existing conditions?
MacArthur: Well we moved it from the policyholder to the much broader shoulders of the taxpayer, and that will allow everyone’s premiums to drop. That’s what I believe will happen.