Senate GOP health bill would reshape Obama law

Share

The Senate bill is also much like the House bill in that it would repeal most of the taxes associated with Obamacare (it would bump out the implementation of the so-called "Cadillac Tax" on expensive, employer-sponsored health care plans, from 2025 to 2026).

"To begin with, the draft Senate health care bill makes no change in the law protecting people with pre-existing conditions, no change in Medicare benefits, and increases Medicaid funding- that's TennCare-at the rate of inflation".

The draft Bill proposes repealing a 3.8 per cent net investment income tax on high earners retroactively to the start of 2017, not at some point in the future, as some analysts had speculated. Reports indicate it maintains rollbacks of the Medicaid expansion that extended eligibility and coverage for treatment and other health services to millions of low-income people. He also noted that the bill would help “stabilize the insurance markets that are collapsing under Obamacare as well.”.

Meanwhile, protesters railed against the Senate healthcare bill during a sit-in outside of Mr McConnell's office on Capitol Hill.

Sen. Maggie Hassan says Senate Republicans took a bill that President Donald Trump has called "mean" and made "it even more heartless".

Senate Majority Leader Mitch McConnell and his lieutenants worked in secret for weeks on the Bill, and he said debate on it would start next week.

"If the bill is good for Nevada, I'll vote for it and if it's not - I won't", Heller.

Minority Leader Chuck Schumer lashed out against the bill later on the floor, labeling it a tax break for wealthy Americans and warning against the cuts to Medicaid.

The bill faces broad opposition from Democrats. The budget office's analysis of the Senate measure is expected in the next few days. The Senate bill would keep the House plan to send a fixed amount of money to states each year based on enrollment or as a lump sum block grant.

Collins could play a key role in the plan's fate and has expressed concerns that the measure would cause many people to lose coverage.

Among the major differences between the Senate's bill and the House's is linking federal subsidies to income, as Obamacare does, rather than age.

The bill, dubbed the Better Care Reconciliation Act (BCRA), also strips federal funding of Planned Parenthood for one year. John Thune, R-S.D., a top McConnell deputy, referring to the number of senators needed to pass the bill, with Vice President Pence standing ready to cast a tiebreaking vote. There is no similar feature in the Senate draft, though aides said at a midday briefing that they were still exploring the possibility of adding such a provision. It does slash many Obamacare taxes, which would be nice on its own, but now that tax revenue will not be there to cover all those subsidies the Republicans are keeping in their plan! The heads of 10 managed care organizations penned a letter to McConnell and Schumer this week saying they were "united in our opposition to the Medicaid policies now being debated by the Senate". That means they could flow to an estimated 2.6 million poor people in the 19 states that have not expanded their Medicaid programs - a group of Americans who until now have been caught without help.

One other big change this bill could make is creating a new system for who gets premium tax credits, and how big those premiums are. Other employer mandates would also be eliminated, as well as almost all of Obamacare's taxes.

Share

Advertisement

Related Posts

Sensex makes a 136-points rebound as bad loan fight paces up
The scrip had also outperformed the market over the past one year advancing 98.2% as against the Sensex's 16.67% rise. Sector-wise, barring the BSE bankex which managed to end 0.16 per cent up, all others ended in the negative terrain.

Dana White Calls McGregor-Mayweather 'Biggest Fight in Combat Sports'
Notably, the boxing legend last defeated Andre Berto in September 2015 to end his 16-year-old career with an unbeaten record. The fact that this kid, who has so much to lose, is willing to step in, and is absolutely confident he'll win this fight.

PGA Tour announces changes to drug testing protocols
He said tour officials saw how the blood testing was administered and whether the actual testing affected performance. Commissioner Jay Monahan said the changes would "better substantiate the integrity of golf as a clean sport".

SRK instantly said 'yes' to 'Tubelight': Salman Khan
Before that, Bajrangi Bhaijaan was 2 hours 43 minutes and prior to that Prem Ratan Dhan Payo was nearly 3 hours long. The famous songs of the film Tubelight provide a glimpse of the scenic beauty of North India.

Justice Karnan will go to jail as Supreme Court denies interim bail
Appearing for the retired judge, advocate Mathews J Nedumpara said equity demands that he be granted bail till the court reopened. The top court has barred the media from publishing and broadcasting Justice Karnan's statements.

UK moves to ease tensions after van attack on London Muslims
Penshaw Monument will be lit up in red, white and blue tonight after last night's terror attack near Finsbury Park Mosque . Eight people were killed and many wounded on the bridge and in the nearby Borough Market area.

It's selfie time for 'Mubarakan' stars
Plus, it has Anees Bazmee's direction who has given us some of the hilarious movies ever like Welcome, No Entry and others. Anil Kapoor is known for his comic timing and was last seen in a amusing avatar in " Welcome Back ".

12 cities to receive Justice Department aid to fight crime
Shootings increased by 23 percent past year , compared to the average from 2011 through 2015, according to city police data. Other jurisdictions could be targeted later for the program, called the National Public Safety Partnership .

Proposed DUP deal would not undermine Good Friday Agreement, insists May
I think we will have a sensible arrangement. " Theresa May has no mandate for the direction she is taking the country". We would have to work out what that looked like.

SRK to release film song with girls named 'Sejal'
He continues in the same vein, "Anushka who is now forced to find her ring asks Shah Rukh to help her in finding the ring". Three mini trailers of the film have already been released and showcased the lovely chemistry between the two stars.

© 2015 ExpressNewsline. All Rights reserved.