Donald Trump and Healthcare Cost Sharing

The video discusses the challenges of high out-of-pocket spending in the U.S. healthcare system, focusing on the Affordable Care Act. It explains health insurance concepts like actuarial value, premiums, deductibles, and copays. The video reviews Hillary Clinton's proposal for tax credits to reduce out-of-pocket costs and its potential impact on the federal deficit. It also examines President Trump's approach to healthcare, highlighting the lack of specific plans to reduce out-of-pocket spending. The video concludes with international examples of cost-sharing models and emphasizes the ongoing need to address out-of-pocket spending.

What is the actuarial value of a health insurance plan?

• The amount of deductible required before coverage

• The total cost of premiums paid annually

• The maximum out-of-pocket spending limit

• The percentage of healthcare costs covered by insurance

Which component of a health insurance plan is paid monthly?

• Copay

• Premium

• Deductible

• Coinsurance

What is the purpose of a deductible in a health insurance plan?

• To reduce the number of insured individuals

• To eliminate copays

• To increase the premium cost

• To encourage responsible spending by the insured

How would Clinton's tax credit proposal affect the number of insured people?

• Decrease by 2 million

• Remain the same

• Increase by 9.6 million

• Decrease by 5 million

What was the estimated cost of Clinton's tax credit proposal in 2018?

• $50 Billion

• $90 Billion

• $110 Billion

• $25 Billion

What is a conservative belief regarding healthcare spending?

• Eliminating insurance premiums

• Increasing government subsidies

• Reducing out-of-pocket costs for all

• Exposing consumers to more healthcare costs

How do countries like France and Singapore handle cost-sharing for chronic illnesses?

• By increasing deductibles

• By increasing premiums

• By waiving or reducing copays

• By eliminating insurance coverage