Repeal and Replace Obamacare - Put into Philosophical Perspective What is Happening | |
JohnGalt (OP) User ID: 40384063 United States 03/11/2017 01:13 AM Report Abusive Post Report Copyright Violation | “The plan would dismantle the key aspects of ObamaCare, including subsidies to help people buy coverage, the law's fines on people who don't purchase health insurance, the expansion of Medicaid, and drop the plan to tax employer-sponsored plans. The bills can be found here and here.” ◦ All Obamacare taxes ◦ All Obamacare subsidies, including its premium tax credit ◦ Individual, employer mandate penalties ◦ "Cadillac tax" ◦ 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) What is being added: ◦ 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 Finally, The Hill also notes that the bill scraps a controversial Republican proposal in earlier drafts to start taxing some employer-sponsored health insurance. Instead, the measure would keep ObamaCare’s "Cadillac tax" on generous healthcare plans starting in 2025, in order to prevent that legislation from adding to the deficit in that decade. [link to www.breitbart.com] [link to www.latimes.com] [link to www.zerohedge.com] [link to www.breitbart.com] <----Sean Spicer (White House Press Secretary) Press Conference |
Anonymous Coward User ID: 47879885 United States 03/11/2017 01:16 AM Report Abusive Post Report Copyright Violation | |