BOEHNER: A repeal and replace of Obamacare is ‘not going to happen’
We finally have a more comprehensive idea of the Republican plan to repeal and replace the Affordable Care Act, the law better known as Obamacare.
These tax credits can not be put toward paying for abortions or even any health insurance plan that offers coverage for abortions.
The plan would cut funding to Planned Parenthood, setting up a major battle in the Senate. That was the original goal of Obamacare, and the cost burden of doing so has been enormous – federal insurance subsidies reached an estimated $660 billion a year ago.
Though just a preliminary document, the package drew quick criticism from Democrats. That’s why MacArthur says his party needs a replacement in hand soon.
Boehner continued, “And secondly, as I told some of the Republican leaders when they asked, I said, if you pass repeal without replace you’ll never pass replace, because they will never ever agree on what the bill should be”. But slightly more independents say they approve (53%) than disapprove (45%) – up about 10 points from December.
If Republicans do move forward with their efforts to tear down the Affordable Care Act, they’ll have to grapple with the consequences of a spike in the uninsured rate. He has not made any statements on the GOP plan leaked to Politico.
Insurance companies would be able to charge older people more in relation to younger ones, compared to what was allowed under Obamacare. In states without Medicaid expansion, 80% support retaining funds for this part of the ACA, which a House Republican plan seeks to roll back.
Former House Speaker John Boehner and his Republican colleagues were not only vociferous critics of Obamacare from the start, they passed multiple bills to replace it. In place of the subsidies, the new plan would offer people tax credits of $2,000, with people over 60 getting double that amount.
The GOP would expand the use of Health Savings Accounts to cover the cost of insurance.
Under Obama’s overhaul, people with lower incomes now get larger subsidies.
While the mandate is being eliminated, the proposal grants insurers the ability to increase premiums by 30 percent if there is an extended lapse in coverage.
Obama’s individual mandate requiring anyone who doesn’t have coverage to pay a penalty would be scrapped.
The ACS is not ideal, but it’s a lifeline for millions of Americans, and the countless more who have benefited from the low-priced cancer screenings, the patient protections and the subsidies to offset the cost of coverage. Proponents argue it provides states with more flexibility while bringing down costs.