Health Care Costs Will Escalate Uncontrollably
As you probably already know, the new tax plan approved by President Trump repealed the Obamacare tax plan on people who don’t get health insurances. If everything goes as planned, by 2019 approximately 13 million Americans will have dropped coverage.
Overall, Trump’s latest executive orders will increase health care competition considerably while limiting consolidation at the same time.
How it affects you: The lower (and even middle) class won’t be able to afford proper medical care, so they will start using the emergency room as their primary source of medical help. Therefore, health care will become more expensive for everyone regardless of income and possibilities.