Posted on 03/06/2017 5:27:19 PM PST by Helicondelta
The House Republican Obamacare replacement package is finally out, and the two main health care committees — Ways and Means, and Energy and Commerce — are scheduled to start working on the bills on Wednesday.
Here's your speed read on what's in them:
Out:
- All Obamacare taxes
- All Obamacare subsidies, including its premium tax credit
- Individual, employer mandate penalties
- "Cadillac tax" (until 2025)
- No longer will limit the tax break for employer-sponsored health coverage
- No payments to insurers for cost-sharing reductions
- Selling insurance across state lines (can't be done in the "reconciliation" bill)
- Medical malpractice reform (can't be done in the "reconciliation" bill)
In:
- Pre-existing condition coverage
- Continuous coverage — 30 percent penalty if people don't keep themselves insured
- Special fund to help states set up "high-risk" pools, fix their insurance markets, or help low-income patients
- Enrollment in expanded Medicaid will be frozen
- Current enrollees can stay until 2020, and keep getting extra federal funds, until they leave the program on their own
- Medicaid will change to "per capita caps" (funding limits for each person) in fiscal year 2020
- A new, refundable tax credit will be available in 2020 to help people buy health insurance
- Covers five age groups — starts at $2,000 for people in their 20s, increases to $4,000 for people in their 60s
- It's not means tested, but phased out for upper-income people (starting at $75,000 for individuals, $150,000 for families)
- Insurers can charge older customers five times as much as young adults
(Excerpt) Read more at zerohedge.com ...
REPEAL PERIOD!
Aren't those equivalent?
This is still government controlled health insurance.
Hi Helicondelta —
Can you, or someone else point me to the section that removes Obamacare taxes. Having read the proposed bill, that was posted earlier, I failed to see that part.
Gwjack
That tax credit doesnt mean squat if the prices dont come way down. You cant deduct health insurance if you dont fill out a schedule a or are not self employed...
- Continuous coverage — 30 percent penalty if people don’t keep themselves insured. Its a Mandate/penalty with a different name! They want to penalize you for something the Govt can’t make you purchase!
Why shouldn't insurance be sold across State lines?
Probably donors to ryan dont like it.
We were promised free market. Trump better veto this...or rand Paul better shut it down
shhhh.
they are removed as of the start of next year
It reduces the mandate penalties. It reduces them to $0.
The penalties in the Internal Revenue Code 5000A(c) is reduced to $0 in the subsection for penalties. The "Requirement to maintain minimum essential coverage." is still in place
That’s not going to happen and you know it
(2) Block-grant Medicare, Medicaid, and SCHIP to the states for 3 years and then states should completely take it over. Give the states enough money in these block grants to fund nursing home care, mental illness, infectious disease and dental care, and the people who lost their plans under Obamacare and shut down CMS at the federal level. Bar illegal aliens and abortionists from being eligible to any of these block grants.
(3) Completely severe the link between healthcare and insurance companies, government, and employers - get rid of the 3rd-party payer aspect of it, except for high-deductible, catastrophic care. Everyone should have their own private, portable healthcare account that they can use anywhere in the country. Pay for routine and moderate health expenses with a HSA debit card. Pay for the life-threatening and emergency stuff with a low-premium, high-deductible health care plan.
(4) All healthcare expenses - monthly premiums, deductibles, co-pays, and out-of-pocket expenses - should be tax-free.
I do hope I'm misreading this.
Government-run health care on steroids, including having the government set prices.
“- Continuous coverage — 30 percent penalty if people don’t keep themselves insured. Its a Mandate/penalty with a different name! They want to penalize you for something the Govt can’t make you purchase!”
Exactly! I saw this and wondered why a conservative Republican would ever allow such a provision.
To me, it appears to be an offset for the low income credits that are being offered under the act.
Read my #15. We’ve drawn the same conclusion from what’s stated here. If we’re correct, what a farce!
Does not sound very market based or patient centric to me.
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