Hospital stocks fall as GOP looks to revive Trumpcare bill
- Author: Larry Hoffman Apr 09, 2017,
Apr 09, 2017, 20:25
Despite divided views towards the 2010 health law, three-fourths of the public polled thinks President Trump and his administration should do what they can to make the current health care law work. "I think that our goal is ... and I know Chairman Walden of the House Energy and Commerce Committee has been talking to his members in particular and members of the different caucuses and groups up there, and I think has some ideas that he thinks could be very helpful".
Hospital shares surged late last month after Republican leaders in the US House of Representatives withdrew the Trumpcare bill due to a shortage of votes. More than eight in 10 Americans said the health insurance company should cover an emergency visit for chest pain, even if the ultimate diagnosis is a panic attack.
But many health-care providers are wary of the fast pace the GOP seems to be taking with repealing Obamacare. But President Donald Trump has said "it's imploding, and soon will explode".
The White House and House Republicans still appear short of a last-ditch deal on their long-promised repeal of Barack Obama's healthcare law. But a new attempt took off on Monday when White House officials and conservatives held meetings to discuss reviving the failed healthcare bill.
Still, those numbers are at odds with Republicans in Congress. Nearly half of those people said it's good because the ACHA did not fully repeal ObamaCare, but 75 percent of respondents - including majorities of every group polled - said that given the choice, Trump and the GOP should try to make ObamaCare work rather than make it fail, as Trump has threatened to do.
The White House is apparently working behind the scenes to make it happen.
Special coverage is available for those who can not afford insurance and meet certain criteria: Medicaid and the Children's Health Insurance Program.
But, if the White House proposal were to come to fruition, it would allow states to opt out of the ACA's rule that health insurance providers can not charge people with pre-existing conditions more than those who are healthy - one of the most popular aspects of former President Barack Obama's signature healthcare law.
Rep. Gregory Murphy, R-Pitt, said he wants to keep some facets of the ACA, namely allowing young adults to stay covered under their parents' insurance plans until age 26 and adding more coverage for poor people.
"I do believe the government should offer it because we pay taxes", said Rachel Haney, 27, of Tempe, Arizona.