House Republicans’ plans to repeal Obamacare worries health insurers

House Republicans on Thursday revealed a plan to replace Obamacare that gives more power to the states for what the GOP calls innovative programs, such as funding high-risk pools or an expansion of Medicaid. That would help prove that there really is a Republican Party and not just another party that offers nothing different from the Democrats.

The plan also calls for repealing ObamaCare’s Medicaid expansion “in its current form”. Presidents Day is on Monday and the House returns on February 27. His words… Obamacare is not simply stuck in some kind of status quo, it is getting worse by the day and it will keep getting worse unless we act.

House GOP leaders say that they want to mollify moderate Republicans who are concerned about repealing parts of the ACA without having a comprehensive replacement plan in place.

Ryan went on to repeat a common line that Obamacare is already failing, citing the recent decision by Humana – one of the country’s largest health insurers – to pull all of its business from the individual insurance exchanges created by the law.

“This is about where do we go next in terms of health care so that people are in control”, Rep. Mark Sanford (R-SC-1) said.

Most of the plan is silent on how much money lawmakers want to put behind their proposals, so it’s impossible to know exactly how generous the plan is and how many people it would cover. In addition to questions over Medicaid, conservatives took issue with proposals to replace the health care law’s subsidies with tax credits to help consumers buy insurance.

Like the Better Way proposal, this new paper doesn’t include specifics, such as the value of those tax credits, or the actual formula for calculating Medicaid funds. Back then, the House of Representatives passed the notorious Stupak amendment, which would have banned Americans from using the ACA’s tax credits to buy coverage that included abortion benefits. He suggested Republicans would be wise to acknowledge good ideas where they exist.

That means more choices and lower costs. However, they can not be used on plans that cover abortion. Do they deeply cut Medicaid, which provides health care for low-income people, or carve savings from Medicare, which serves the elderly? Right now, Medicaid pays all health care costs for those who are eligible.

“Obamacare has 10 items, pregnancy and all the rest, that has to be covered”, Paul told Gannett earlier this month. If he didn’t have a job in the Trump cabinet and access to government coverage, a 64-year-old multimillionaire like him would get the same amount of financial assistance as someone his age, living in poverty, and he would get substantially more money than a poor, young person.

The scalding spud, in this case, is the Affordable Care Act – aka, Obamacare – which the GOP faithful have been actively attempting to be rid of. But with 239 Republican members in the House and virtually no hope of Democratic support, the GOP can only afford to lose 21 of their own lawmakers on a bill.