S&P: 10 million people could lose coverage under GOP healthcare bill

Since the House GOP introduced the bill on Monday, opposition has sprung up from across the ideological spectrum.

A potentially lengthy U.S. legislative fight over replacement of the Obamacare health law gets underway on Wednesday as two House of Representatives committees begin negotiating over changes to a Republican plan backed by President Donald Trump.

The proposed bill sought to axe penalties levied on individuals and employers who don't purchase health plans, but instead encouraged people to stay insured by allowing insures to place a 30 percent surcharge on the premiums of those who were not continuously covered by health plans.

"More than 20 million Americans now have health care coverage due to the Affordable Care Act (ACA) and among the AMA's highest priorities for on-going health system reform efforts is to ensure that these individuals maintain that coverage", said the letter signed by James L. Madara, the CEO of the interest group, a prolific donor to both political parties. Repealing it will rip away the health care they now receive, he said.

House Republican leadership said they are hopeful that as more members learn about the plan, more will support it.

A healthcare bill by US Republicans has cleared a key congressional committee, despite concerns that the plan's impact on the budget remains unclear.

"This is the time we're going to get it done", Mr. Trump said at the White House, adding that 2017 is "the year it was meant to explode, because Obama won't be here".

Trump officials are trying to gain more support from Republicans - especially from Sen.

With its future in doubt, Ryan delivered a crisp presentation Thursday in a bid to salvage the plan, but also offered a direct warning to Republicans sitting on the fence. Representatives from The Heritage Foundation, Club for Growth, Tea Party Patriots and Americans for Prosperity were all told that the administration was open to making changes to the bill, according to sources with knowledge of the meeting. Also, there would be no fine, because everyone would have health care.

Republican leaders indicate they want to pass the bill by early April.

Republicans, who control both chambers of Congress, hope to pass their replacement for Obamacare by mid-April.

"If they have some suggestions that improve predictability, fairness to all the participants - including insurance companies - then we have something to talk about", she said. The vast majority of people can not get health care without insurance, so why do you say that?

The two leaders are buffering the message from Speaker Paul D. Ryan, R-Wis., who took time Thursday to walk through the plan and hammer home the point to any wavering Republicans that the time was nigh.

  • Joanne Flowers