Tuesday, 17 October, 2017

Fate uncertain for Republican health bill

Kristopher Nichols | 25 June, 2017, 06:50

One group of senators says the plan doesn't go far enough in being fiscally conservative.

But Caroline Pearson, a senior vice president at the consulting firm Avalere Health, says the bill bases its tax credits on lower-quality insurance."If you're paying a similar percentage of income, you're getting a less generous product under this new plan", she says.

RODNEY WHITLOCK: I believe that the bill that the Senate will vote on, assuming they get to that point, will have some sort of mechanism to cause participation in it. "Look forward to making it really special!"

First, no bill produced in secret and in haste can reform a sector that affects so many people, so many interest groups, and such a large segment of the economy.

Shortly after the 142-page bill was distributed, more than a half-dozen GOP lawmakers signaled concerns or initial opposition.

As soon as it reached the Senate, the GOP majority there said they would scrap it and come up with a bill of their own.

McConnell said a fresh CBO score was expected next week, and there will be "robust debate" on the floor. But he said it was time to act. You may not agree with me, but we can probably agree that what is happening now is embarrassing, shameful and will do harm to us.

The state could opt to keep up the coverage, but Wolf administration officials have said the costs would be astronomical-likely more than $4 billion.

The chairman of the Republican party of Pennsylvania, Val DiGiorgio, said Casey was playing "political games instead of working across the aisle to find solutions to fix our broken health care system". Ron Wyden, D-Ore.

The Senate bill not only ends the Medicaid expansion, but it also changes the underlying formula for how Medicaid is funded. "And we'll see if we can take care of that".

On Twitter, Kennedy said: "I'll be reading through the Senate health care bill this weekend".

In addition to Medicaid, Collins has also opposed the fact that the proposed GOP bill will block federal funding for Planned Parenthood. Rural hospitals would be under more financial stress if the Senate bill were to be approved.

Obama weighed in on Facebook. It contains some key differences from the version the House passed last month.

The Republican bill aims to deliver on one of Trump's central campaign promises to "repeal and replace" the 2010 law that expanded coverage to millions of Americans.

The nonpartisan Congressional Budget Office expects to release its analysis of the Senate plan early next week.

The Senate bill would phase out extra money Obama's law provides to 31 states that agreed to expand coverage under the federal-state Medicaid program. The enhanced federal financing that pays for the expansion would disappear entirely in 2024.

SUBSIDIES FOR PRIVATE INSURANCE Obama law: Provides two kinds of subsidies for people who don't have access to coverage on the job. "They will have much higher deductibles than they are used to seeing".

The tax was imposed to help pay for Obamacare. Reversing course on some of the more popular provisions of the Affordable Care Act, it threatens to leave tens of millions of lower-income Americans without insurance and those with chronic or expensive medical conditions once again financially vulnerable.

"There's been no indication from the current administration, or from Congress, that the subsidies that are now going to insurance companies will continue", said Vilsack.

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