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The GOP plan (in bullet form)
Posted on: May 4, 2017 at 16:45:16 CT
Spanky KU
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* The initial version of the legislation would reduce the deficit by $337 billion over the next 10 years largely from Medicaid reductions and the elimination of the ACA's subsidies for nongroup health insurance, the CBO found.
* The House GOP plan would not explicitly eliminate guaranteed coverage (of pre-existing conditions) but would allow states to seek waivers from several consumer protections
* States would be allowed to scale back benefits that insurers must cover.
* States would also be able to allow insurers to charge sick people more.
* Insurers would be able to charge older consumers five times more than younger consumers
* People would still receive subsidies, which would phase out at incomes of $75,000 per year
* The subsidy amount would be tied to a person's age, not income, so low-income people would get less help.
* The tax penalty for not having health insurance would be dropped. But consumers would face a different sort of penalty: Anyone who goes without insurance for more than two months would face a 30% premium surcharge when they try to buy a new plan
* Insurance companies would still be banned from charging women more
* States could seek waivers to allow insurers to drop some basic benefits, such as maternity care and contraceptives. Medicaid would no longer have to offer these benefits, which would impact low-income women.
* Medicaid would be barred from providing funding for any health clinics that provide abortion services, including Planned Parenthood
* A fixed "per capita cap" or a "block grant" would replace the decades-old current Medicaid system. Each state would have a fixed amount of money every year. That amount would increase annually by a percentage linked to the inflation rate
* The additional federal funding that covered expanding Medicaid would be eliminated by 2020
http://www.latimes.com/projects/la-na-pol-obamacare-repeal/?track=lat-pick
Edited by Spanky at 16:45:45 on 05/04/17
* The House GOP plan would not explicitly eliminate guaranteed coverage (of pre-existing conditions) but would allow states to seek waivers from several consumer protections
* States would be allowed to scale back benefits that insurers must cover.
* States would also be able to allow insurers to charge sick people more.
* Insurers would be able to charge older consumers five times more than younger consumers
* People would still receive subsidies, which would phase out at incomes of $75,000 per year
* The subsidy amount would be tied to a person's age, not income, so low-income people would get less help.
* The tax penalty for not having health insurance would be dropped. But consumers would face a different sort of penalty: Anyone who goes without insurance for more than two months would face a 30% premium surcharge when they try to buy a new plan
* Insurance companies would still be banned from charging women more
* States could seek waivers to allow insurers to drop some basic benefits, such as maternity care and contraceptives. Medicaid would no longer have to offer these benefits, which would impact low-income women.
* Medicaid would be barred from providing funding for any health clinics that provide abortion services, including Planned Parenthood
* A fixed "per capita cap" or a "block grant" would replace the decades-old current Medicaid system. Each state would have a fixed amount of money every year. That amount would increase annually by a percentage linked to the inflation rate
* The additional federal funding that covered expanding Medicaid would be eliminated by 2020
http://www.latimes.com/projects/la-na-pol-obamacare-repeal/?track=lat-pick
Edited by Spanky at 16:45:45 on 05/04/17
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The GOP plan (in bullet form) - Spanky KU - 5/4 16:45:16