How The Senate Health Care Bill Could Disrupt The Insurance Market

Justin Sullivan  Getty Images
Justin Sullivan Getty Images
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24 June, 2017

U.S. Senate Republicans released their version of a bill to repeal and replace the Affordable Care Act Thursday and there was reaction from both sides of the aisle in Indiana.

It would also repeal most of the tax increases imposed by the Affordable Care Act to help pay for expanded coverage, in effect handing a broad tax cut to the affluent in a measure that would also slice billions of dollars from Medicaid, a program that serves 1 in 5 Americans, not only the poor but also nearly two-thirds of people in nursing homes.

The Medicaid cuts, too, will be felt over time, since they would establish caps based on recent spending and grow more slowly than medical costs.

US Senate Republicans on Thursday unveiled a revamped health care plan aimed at fulfilling President Donald Trump's pledge to repeal Obamacare, but a revolt by four conservatives put the bill in immediate jeopardy.

As students from every single medical school across OH, we are the ones who will have to tell our patients "no" if the Senate health care bill passes.

McConnell, eager to approve the legislation next week, indicated he was open to changes before it reaches the Senate floor. Only 8 percent of Americans wanted the House version to pass, and changes from it to the Senate bill are minimal.

In addition, the GOP would phase out added financing that Obama's law provided as an incentive for states to expand the program and cover more low-income adults.

Asked what would need to be included in the bill to get him on board, Paul said: "It has to look less like Obamacare light - it's got to look like what we promised".

WASHINGTON (AP) - Senate Majority Leader Mitch McConnell has finally unwrapped his plan for dismantling President Barack Obama's health care law.

She went on to say the bill would raise premiums on hard-working folks while offering tax cuts to CEOs.

Andy Slavitt understands the inner workings of the US health care system better than most.

The program now helps low-income adults, their children, people with disabilities, pregnant women and the elderly in nursing homes. It would allow insurers to cover fewer benefits and repeal tax boosts on wealthier people that help finance the statute's expanded coverage.

Perhaps in this hyper-partisan atmosphere in D.C., GOP lawmakers are less concerned with pleasing voters as they are with declaring the death of an Obama-era policy (again, this bill won't do that, but that's how they'll spin it).

McConnell's challenges became clear immediately after the bill was released, as four conservative senators announced their opposition to the legislation as drafted. "It does not keep our promises to the American people", said Senator Rand Paul, who along with fellow Republican Senators Ted Cruz, Mike Lee and Ron Johnson said they could not support it in its current form.

"When President Trump wants to get something done, it's going to get done, and I think no one knows the Senate better than Sen". "We'll have to see".

Sen. Rob Portman must oppose the Senate's health care bill, and any phase-out of Medicaid expansion, so that these conversations never happen.

ACA: Planned Parenthood eligible for Medicaid reimbursements, but federal money can not fund abortions.

Pro-life groups have insisted that the Affordable Care Act ushered in a massive expansion of abortion funding through tax credits paying for abortions and federally-subsidized plans offering abortion coverage, without sufficient guarantees that the subsidies were not being used themselves to pay for the abortion coverage.

According to an NBC News/Wall Street Journal poll, only 16 percent of Americans said the House-passed GOP bill is a good idea while 48 percent give it a thumbs-down. Though Trump lauded its passage in a Rose Garden ceremony, he called the House measure "mean" last week. The Republican vote on the bill could come down to that assessment in question which would determine aspects such as how many citizens stand to lose their insurance coverage, how the premiums would be impacted, and its effect on the federal budget deficit.

He is aiming for a vote before members leave town ahead of the July 4 recess, giving Senate Republicans have just a handful of days to study a 142-page bill.

In addition, it calls for extra federal funding to be awarded to states for addiction and mental health treatment, services covered by Medicaid. Those additional funds would continue through 2020, then gradually fall and disappear entirely in 2024.

The Senate bill largely uses people's incomes as the yardstick for helping those without workplace coverage to buy private insurance.


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