Mar 7, 2017 by -

GOP unveils new healthcare plan, replacing Obamacare

President Donald Trump endorsed a healthcare bill by Republican lawmakers — a key step in dismantling former president Barack Obama’s signature domestic policy achievement: the Affordable Care Act, or Obamacare.

The GOP’s new  bill — is called American Health Care Act.

The goal of the GOP health care measure would be to drive down costs, encourage competition, and give every American access to quality, affordable health insurance. It also focuses on personal responsibility.

The American Health Care Act would eliminate the requirement to buy insurance.

People will no longer be fined on their tax returns if they don’t have coverage. Big companies won’t also need to pay penalties for not offering insurance.

The GOP’s plan would still offer tax credits for people to buy insurance.

This advanceable tax credit could be between $2,000 and $14,000 a month, for low and middle-income individuals, and families who don’t receive coverage through work or a government program.

Under the American Health Care Act, insurers will still have to cover pre-existing conditions — but they will be able to charge higher premiums for those who are recently uninsured.

The GOP’s plan also maintains Obamacare’s incentive for adult children and college students to stay on their parents’ health insurance, until they turn 26.

Republican lawmakers also want to eventually reduce Medicaid.

The plan keeps Medicaid expansion for now — but new enrollment would stop in 2020. Other limitations will also be applied to Medicaid.

President Trump says the draft bill was open to negotiation, and that he is currently finding ways to cut drug prices.

“Under our plan, we are moving forward in a positive direction to rescue the individual insurance market and to give flexibility to our states,” said Rep. Greg Walden (R- Oregon).

“To enhance and strengthen health savings accounts, so people can spend their healthcare tax dollars the way they need to, and we’re going to help low and middle income Americans access affordable quality health care with a monthly tax credit that’s immediately available,” said Rep Kevin Brady (R- Texas).

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Democrats react, saying the GOP’s Obamacare replacement will cause millions to lose coverage

Democrats have slammed the GOP’s measure for healthcare – calling it the “Make America Sick Again” act.

House Minority leader Nancy Pelosi says the GOP’s plan would hand billionaires a massive new tax break, while shifting huge costs and burdens onto working families.

In an interview with CBS This Morning, Pelosi says millions of seniors and disabled Americans who depend on Medicaid will become even more vulnerable.

“This will make millions of people… 10-20 million… off of having health insurance. It will the the biggest transfer of wealth from low to middle income people to wealthy people in our country,” said Pelosi. “You don’t think of it that way. That’s why I tell them, show us the numbers.”

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Nurses’ union says new health care bill disregards gains made under Obamacare

National Nurses United — the largest union and professional association of registered nurses in the US, with more than 150,000 members in every state — have issued a statement — slamming the GOP’s Obamacare replacement.

They call it a “cruel abandonment” of the gains made under former President Obama’s Affordable Care Act — and a betrayal of the campaign promises made by President Trump, “to ensure that we’re going to have healthcare for everybody that is far less expensive and far better.”

“Instead of fixing the very real holes in the ACA, and moving forward to a permanent solution for our broken healthcare system, as could be done by expanding Medicare to cover everyone, at lower cost — the Republican plan moves us back, far back, to the worst vestiges of a profit-focused system… based on ability to pay and widespread health disparities,” said Jean Ross, co-President, National Nurses United, in a statement.

 

The new American Health Care Act:

  • offers tax credits for people to buy insurance
  • insurers must cover pre-existing conditions (but can charge more for those recently uninsured)
  • allows adult children and college students to stay on their parents’ plans
  • eventually reduces Medicaid

 

by Balitang America - Mar 6, 2017

by Rommel Conclara - Mar 7, 2017
One Comment

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  • Mario
    7 March 2017 at 11:38 pm - Reply

    It was OBAMACARE that cause a big defeat on the Democrat Party during the last Presidential election.This time the GOP should do it right and keep their promises or else they will lose next year election. Obama loses 1,000+ electoral seats during his regime.Trump administration could not afford to make mistake on the replacement of Obamacare.The new health plan,in my opinion will be implemented next year before the election. To pass the bill now means nothing,there is no winning political impact, that is why the replacement are made in 3 parts, Phase 1,2, and 3. What you will see are GOPs drama on TV for publicity and opposing their own Bill, but on the right proper time they will agree.It will be Speaker Paul Ryan a professional politician will control the phasing of the Bill, not Trump and Ron Paul will play a major role in TV opposing the Bill..Trump a businessman he want immediate result, it will never happened.

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