Tuesday, March 7, 2017

ObamaCare Repeal - American Health Care Act







From FOX News:
House Republicans on Monday evening released the text of their long-awaited ObamaCare replacement bill, proposing to eliminate the various taxes and penalties tied to the original legislation while still preserving certain patient protections.

Aiming to deliver on their signature campaign promise after several election cycles trying to reclaim control of Washington, majority Republicans unveiled what they call the American Health Care Act. The sweeping legislation would repeal ObamaCare’s taxes along with the so-called individual and employer mandates – which imposed fines for not buying and offering insurance, respectively.

It also would repeal the Affordable Care Act’s subsidies, replacing them with tax credits for consumers.

The bill would continue Obama's expansion of Medicaid to additional low-earning Americans until 2020. After that, states adding Medicaid recipients would no longer receive the additional federal funds the statute has provided.

More significantly, Republicans would overhaul the federal-state Medicaid program, changing its open-ended federal financing to a limit based on enrollment and costs in each state.
Read the bill.

Not everyone is happy with the bill, but at least we know what's in it.

This is not a replay of Nancy Pelosi's "But we have to pass the [health care] bill so that you can find out what's in it."

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