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Warpy

(111,480 posts)
4. After Nixon turned health care into a cash cow for his buddy Kaiser
Thu Mar 28, 2024, 04:55 PM
Mar 28

a lot of companies dropped health care for their employees, it became unaffordable fast.

Medicaid, which was originally supposed to be a bare bones insurance plan for the working poor was tied to fixed dollar amounts which becaume impossibly low after the double digit inflation of the 70s. People were stuck, no way to afford insurance and knowing if they got sick or injured, the bills would be more catastrophic than the health problem and would keep them in debt for the rst of their lives.

So let's remember Nixon's role in all of this. And don't forget that sonofabitch Lieberman, either, he killed off the Medicare buy in that would have lowered ACA premiums for everybody.

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