Donald Trump backs House Republican healthcare plan, aims to cut drug prices
The top USA doctors’ organisation and several hospital groups have come out strongly against the Republican plan, saying it would probably cause many patients to lose insurance and raise healthcare costs.
Almost half of the Americans who gained healthcare coverage under Obamacare received it through the expansion of Medicaid, which would end in 2020 under the new plan.
Our reporting finds that lawmakers’ responses fall into four categories.
House Minority Leader Nancy Pelosi said Friday that Democrats would be willing to compromise with Republicans on a revised health care law if the GOP reaches out to them.
It’ll phase out Medicaid expansion and put health care out of the reach of millions of Americans, which is likely what the American Medical Association and the American Hospital Association are opposed to it.
While Democrats are nearly universally opposed, a small group of Democrats in districts won by Trump last November have struck a more equivocal tone. Trump told Congress on February 28 that he will “replace Obamacare with reforms that expand choice, increase access, lower costs, and at the same time provide better health care”.
And lower-income people may struggle to pay their premiums, the amount due each month for care, because they would get less help from the government.
I have long said that I will work with anyone – Republican or Democrat – to improve the current law. “It was said many, many times, and it turned out to be not true”.
Under Obamacare, insurers can charge an older person in the plan only three times as much as the youngest.
In addition to dinners and meetings he also invited legislators to a bowling evening in the White House’s underground bowling alley on Thursday.
The ACA expanded the Medicaid program and brought considerable benefits to Colorado. It also makes significant changes in the financial assistance people can receive to buy a health plan.
Though there is no individual mandate that forces people to buy coverage, which has helped curb some insurance costs, Zwillich says that health insurance companies under the ACHA would be able to charge people a 30 percent surcharge on top of their yearly premiums if their coverage lapses for more than 63 days.
“What’s concerning to us is what impact this would have on coverage, and, kind of, the sustainability of the Medicaid expansion program”. It remains an open-ended entitlement, allowing states to draw down federal money for a portion of health costs incurred by low-income people, from children to nursing home residents. It would also allow states to set their own ratio. “That will be a very hard thing to do”.
Tax credits would begin to be phased out at incomes of $75,000 for individuals and $150,000 for families.
Of course, that assumes the new Republican law will remain in place over the years. And what happens next is far from clear.