Republicans Focusing on Health Bill Changes as Leaders Seek Support

Republicans Focusing on Health Bill Changes as Leaders Seek Support

And they want people to be able to buy their health insurance across state lines (like vehicle insurance and a million other things) instead of being forced to buy from their state's monopoly provider.

It's not turning out that way - at least not under the GOP health care bill that Trump has endorsed. In the next year alone, the CBO estimates 14 million people would be left without access to coverage and healthcare. Since this impacts all of us personally, I've been interested to find out about it.

WASHINGTON ― Health and Human Services Secretary Tom Price said Sunday that the White House has been reaching out to Democrats and welcomes their input on how to replace Obamacare. But where the issue affects more residents is in the annual budget, which has seen state costs come down because of federal funds.

He added that Republicans are seeking changes that allow for federal block grants to states for Medicaid.

Republicans argue that work requirements better prepare participants to transition off government assistance and into jobs.

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The Louisiana Hospital Association and the Metropolitan Hospital Council of New Orleans said they're concerned about those spending reductions.

The Congressional Budget Office projects it would lop $337 billion off the nation's deficit over the next decade by slashing Medicaid and subsidies that Obamacare provides so lower income people can afford health insurance.

"Colorado is a state where additional money that we would have to spend would have to come from something else", Johnson said.

The Republican plan would make changes to both the Medicaid expansion and the traditional Medicaid program that existed before expansion. In fact, up to $8,400 more per year for the same coverage you have now. This would reduce federal support for Medicaid even more since the funding level would not adjust for increases in enrollment, which often happens in bad economic times.

Under the GOP bill, more people would be eligible for federal assistance.

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According to Time.com/money, "Older consumers would get hit with a double whammy: not only may their premiums increase, but the restructured tax credits won't go as far as those under the ACA in subsidizing the premium cost".

For example, a 60-year-old in Contra Costa County who makes $30,000 per year now receives a subsidy of $11,050. Donald Trump promised to take on the drug companies and protect Medicare.

The American Health Care Act would give refundable tax credits of $3,500 to those in their 50s and $4,000 to those in their early 60s.

So if you are older, or plan on getting older, beware of the Republican replacement for the ACA.

"This bill, if passed in its current form, will disproportionately hurt older adults between the ages of 50 and 64 by dramatically increasing insurance premiums to unaffordable rates". It also lets those up to 26 years old stay on their parent's plans.

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While I disagree with many of his assumptions, it is imperative to address his claim regarding the buying of health insurance across state lines to achieve more affordable and better economic outcomes. The advocacy group released a statement Friday that it intends to inform its 38 million members how their representatives voted on the bill.

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