Senators react to Republican Health Care Plan
“We have to do something”, Barletta said.
US Representative Jim Jordan of OH has introduced another bill for a “clean repeal” of Obamacare, scrapping all taxes and subsidies of the Affordable Care Act.
Under this plan, pre-existing conditions are protected, young adults under the age of 26 can remain on their parents’ insurance, and those who now qualify for Medicaid will remain covered unless their economic situation improves.
Barletta favors those provisions but said they have to paid for.
And the penalties under the GOP proposal would hit older people harder than they would younger people.
While House Speaker Paul Ryan (R) of Wisconsin says he’s “confident” he has the votes to pass the plan, he can afford just 21 defections, and opposition from moderate and hard-liner Republicans could sink it. The plan will hope to incentivize people to keep insurance. And while the plan offers tax credits to help pay for health insurance, it’s not enough to keep pace with what insurance companies can charge.
It also highlighted the importance of continuing the Obamacare cost-sharing subsidies that reduce the deductibles and co-pays of lower-income enrollees.
Key details about the Republican plan are still unknown, including cost and coverage. But what seems certain, if it passes without drastic change, is that millions of Americans who now have reliable health insurance will be forced to do without or to see their access to quality care rolled back. That’s when it was supposed to be, get even worse. Moody’s, S&P and Fitch Ratings are services that rate the creditworthiness of debt that both the investor-owned hospital systems and particularly the larger not-for-profit hospital systems rely on for expansion and maintenance.
They dismissed conservatives’ demand that the phaseout of ObamaCare’s Medicaid expansion should be sped up from 2020 to 2018, The Washington Post reported.
One positive aspect of the GOP plan is that it would allow people caught in this bind to use tax credits for qualified “catastrophic-only” health plans. Travel time to a hospital can affect outcomes in patients with condition such as strokes and trauma. We also expand health savings accounts, and encourage small employers to band together to provide health insurance to their employees.
Paul stressed that the language is the same as the repeal legislation that Republicans in the House and Senate passed and sent to President Barack Obama, which he vetoed in January 2016.
The basic structure of Obamacare also remains intact under the new bill-with tweaks.
“Now the Republicans are making the same mistake: taking care of their base and giving the Democratic base a lousy deal”, Laszewski wrote. Under the GOP’s replacement plan, however, the tax credits are the same across states.
Here are tax credits in Somerset, Hunterdon, Union and Middlesex counties under the the existing Affordable Care Act (Obamacare) and Republicans’ American Health Care Act (AHCA).
The plan would do away with the current mandate that requires almost everybody to obtain insurance or pay a penalty.