Trump Administration Eyeing Low-Income Subsidies in Obamacare Repeal Bill

GOP Health Bill Penalizes Patients Who Let Insurance Lapse

Trump Administration Eyeing Low-Income Subsidies in Obamacare Repeal Bill

The GOP health care strategy is now clear: It's a $1 trillion "revenue-neutral" tax cut for the rich, "paid for" by a $1 trillion cut to "health care" for millions of Americans.

Nevertheless, we know the bill's key provisions. Possession of an insurance card does not equate to health-care services and medical treatment.

That's not to say the Obamacare marketplaces aren't struggling. Insurers could apply the rating waiver to people who have had a gap in their health insurance lasting 63 days in the previous year by adding a 30 percent penalty to their premium, a move meant to create an incentive to stay insured.

Stefanik says that after 2020, tax credits will be made available for people to purchase "high quality private insurance plans". Above is just a summary of some of the main goals of this act but the one I will focus on in this article is the impact that the act will have on OTC medications, as they play a significant role in pharmacy and overall self-care. Our bill dismantles the taxes in Obamacare that have harmed our nation's job creators, increased costs for patients, and given Americans fewer options.

While the so-called "repeal-and-replace" bill would kill numerous ACA's taxes (except the Cadillac Tax), much of the popular health-related provisions of Obamacare would remain intact. It describes the GOP's American Health Care Act as a "disastrous health care repeal bill" that is opposed by the American Medical Association, the AARP, and the American Cancer Society. A 60-year-old with the same income would pay $8,040, or more than 40% of his or her annual income. It would also allow states to opt out of coverage of pre-existing conditions and to impose "lifetime caps" on coverage.

"The American Health Care Act allows New York State to decide if they want to continue their expanded Medicaid program at a reduced federal reimbursement rate".

Supporters of the House legislation point out their bill simply returns health coverage to an insurance-based footing. The Kaiser Family Institute estimates that more than a quarter of non-elderly adults have preexisting conditions that would have negatively affected their coverage prior to the passage of the Affordable Care Act.

Dayton Indivisible for All organizer Davin Flateau says it's important to send a message to OH lawmakers that health care matters. If so, the measure seems to be coming up short.

Does that remain the goal of the law's replacement?

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