Healthcare stocks under water as GOP tries to advance ACA replacement

Prior to the report’s release, House Speaker Paul Ryan sought to answer critics, noting that the GOP plan axes Obamacare’s so-called individual mandate requiring most Americans to maintain health insurance coverage.

Republicans face a narrow path for getting the health care measure through the House, particularly after the Congressional Budget Office estimated it could add 24 million Americans to the ranks of the uninsured in a decade. Sarah Kliff covers health care for Vox, where she is a senior editor.

“We disagree strenuously with the report that was put out”, Price said.

The third Miami Republican in the House, Mario Diaz-Balart, is still reviewing the legislation and CBO report and has some “concerns”, his spokeswoman said.

It’s even worse than anyone had expected. They were thinking would be in the 10 to 15 million range.

The Trump administration is reportedly courting conservatives to get more support for the ObamaCare repeal and replace efforts, according to The Hill.

Republican U.S. Sen. Pat Toomey, who has said only that he’s reviewing the bill to repeal and replace President Barack Obama’s signature health care law, said through a spokeswoman that he’s also reviewing the CBO report issued Monday.

“We’re focused on repealing Obamacare and bringing down the cost of premiums”, he said. “That’s what we told them”, Jordan told Fox News Sunday. “But, the numbers are what they are, and it is what it is”. Everything everyone else is going to want to talk about is that 24 million number. They also came one day before the House Budget Committee approved the ACA replacement proposal. I mean a bunch of it?

Earl Rogers, president of the Georgia Hospital Association, said in a statement that his organization “has significant objections to sweeping reforms to our health care system that would lock the state into arbitrary payment caps, effectively eliminating certain payments for hospital services and reducing resources for caregivers to treat what will surely be an increase in the number of uninsured patients”.

Ryssdal: Let’s take this to the voters for a second.

DeSantis has called the bill “a work in progress”, telling the Washington Post ,”I think we can probably be more aggressive”.

Trump’s frequently expressed desire to improve on Obamacare is laudable. “Do you know what blowing ObamaCare does? He’ll pass something better something more affordable”. But Park says what’s more likely to happen is premiums would rise, and subsidies that help people pay them would fall. The GOP plan’s elimination of the government requirement to purchase insurance all but guaranteed the projection that fewer Americans would be covered.

Ryssdal: Is there any doubt in your mind though that the Republicans still get this through at least the House? But it said the hikes would be offset after 2020 by a $100 billion fund allocated to states in the bill and deregulation in the insurance market. For the rest of the civilized world, health care access has been a given. I’m looking at it. Far more contentious is the bill’s Medicaid cuts, which various Republicans have attacked as too severe or, alternatively, not severe enough. Existing enrollees could stay on, but the expanded income threshold that the Affordable Care Act set would move.