CHART: Who Wins, Who Loses With Senate Health Care Bill
- Author: Leroy Wright Jun 23, 2017,
Jun 23, 2017, 12:40
"No matter what back-room deals senators make in the coming days, there is no way to fix this shocking and cruel bill", said Anna Galland, executive director of MoveOn.org about the GOP health care bill. "It hands enormous tax cuts to the rich and to the drug and insurance industries, paid for by cutting health care for everybody else". It would also end the tax penalty Obama's statute imposes on people who don't buy insurance. McConnell stitched it together behind closed doors, potentially moving President Donald Trump and the GOP toward achieving perhaps their fondest goal - repealing former President Obama's 2010 statute, his proudest domestic legacy.
The premise of the bill, repeated nearly daily in some form or other by its chief author, the Senate majority leader, Mitch McConnell of Kentucky, is that "Obamacare is collapsing around us, and the American people are desperately searching for relief". And some of the Senate's most conservative members could resist a bill that they view as not going far enough in dismantling the Affordable Care Act. "Because Obamacare is a direct attack on the middle class, and American families deserve better than its failing status quo".
Republican leaders in the U.S. Senate on Thursday unveiled their plan to overhaul President Obama's 2010 health care law. To complicate matters even more, the Majority Leader has given himself a deadline of next Thursday to hold a vote.
Republicans know this. Many have heard from constituents facing chronic or deadly illness who are desperate to preserve their access to health care for their children or themselves.
Schumer says, "We live in the wealthiest country on earth".
The unveiling of the legislation will mark the first time that the majority of the Senate GOP conference gets a comprehensive look at the health care proposal.
Wolf's administration said it expected that the Senate bill would inflict deeper Medicaid cuts on Pennsylvania than the $4.5 billion a year it had projected in lost federal health care dollars under the House bill.
At the White House on Thursday, Mr Trump expressed hope for quick action.
"We have to act", McConnell said on the Senate floor.
Democrats have blasted the Senate bill, with some calling it "meaner".
Beginning in 2020, the Senate measure would also limit the federal funds states get each year for Medicaid.
Obama law: People cannot be denied coverage because of pre-existing medical problems, nor can they be charged more because of poor health.
"I haven't read the text yet", he said. "She has a number of concerns and will be particularly interested in examining the forthcoming CBO analysis on the impact on insurance coverage, the effect on insurance premiums, and the changes in the Medicaid program".
Democrats and Republicans alike are awaiting a Congressional Budget Office report on the ramifications of the bill, which is certain to stir intense debate. The CSR subsidies were created to help payers on the exchanges offset the cost of providing discounted deductibles to low-income enrollees.
The Senate bill would also largely maintain Obamacare's premium subsidies structure, but tighten the eligibility criteria starting in 2020.
This bill is better designed than the House version, according to Avik Roy, founder of the Foundation for Research on Equal Opportunity, because it offers more help to older people who can't afford insurance while making coverage cheaper for young healthy people.