Biggest Insurance Company in Obamacare Exchanges Rallies Behind Ryan’s Obamacare 2.0
The plan faces significant hurdles in Congress. Finally, the bill contains built-in protections for current beneficiaries of the Obamacare exchanges so they don’t feel the rug has been pulled from under them – a feeling familiar to many who lost their plans or doctors under Obamacare in the first place.
“The insurance plans in general are locked in for 2017, so there is little risk it could be taken away”, says Larry Leavitt, a senior vice president at the Kaiser Family Foundation.
“We’d be able to swallow, I think … some things that they may think are a good idea which we think are too costly and geared to the rich, if that’s the price to pay to do something else, depending on what else they’re willing to do”.
The GOP legislation, known as the American Health Care Act, would end income-based subsidies the government gives people to buy coverage. Even President Donald Trump has indicated it is open to negotiation. It could be an arm-twisting gesture of sorts, as Kentucky’s Senator Rand Paul is one of its chief Republican critics.
We want to repeal it, and put the replace in the repeal bill so that they can’t filibuster it so we can get House Republican conservative health care policy in place.
The Trump plan does neither.
In a crisp rolled-up-sleeves presentation Thursday, Ryan also sounded a clear warning to Republicans who are considering bucking the president.
“If you just repealed the bill, you would double your premiums and you would collapse the market – then you are going to sit here and wait and hope you get 60 votes to try and deal with the health care system”, McCarthy told reporters at a press conference Friday morning.
We don’t know the answers to these questions yet, because Republicans don’t want us to know them. A White House official said much the same to Politico, recalling “There was no budging on tax credits …”
Obamacare, as the Affordable Care Act came to be known, admittedly, is not flawless. And most of all, the people who would no longer have affordable health care.
In particular, which the nurses said has “effectively helped reduce chronic disease rates, and result in millions of Americans losing critical coverage for mental health and substance-use disorders”.
Backers say the legislation would gut Obamacare’s mandates to purchase health care, roll back its taxes and stabilise costs.
The new legislation’s cost remains a major unknown. Part of the reason they have rushed the bill through committees is to front-run an (inevitably unflattering) analysis from the nonpartisan Congressional Budget Office. The Republican plan would phase out that expansion. The mandate is considered a linchpin of Obamacare because it makes young, healthy people buy insurance. “It’s retrenchment. And that isn’t acceptable”, we said in our February 24 editorial (“20 million reasons to retain and fix Obamacare”).