UMass economist: Republican bill does nothing to expand health care

19 March, 2017, 02:55 | Author: Eloise Marshall
  • UMass economist: Republican bill does nothing to expand health care

Not only were voters opposed to the Republican plan, which has been called "Trumpcare", they would prefer Obamacare over the new bill.

And President Trump says "We're going to arbitrate, we're going to all get together, [and] we're going to get something done". One early headline from the New York Times sums it up this way: "Republican Health Proposal Would Direct Money from Poor to Rich".

The American Health Care Act (AHCA), Republicans' proposed law to replace Obamacare, would likely eliminate the provision of maternal care from health insurance plans. By most accounts, about 10-15 million Americans ultimately gained health insurance as a result of Obamacare, far less than hoped for, but a significant number nonetheless. Forty-nine percent of voters said they'd prefer the Affordable Care Act over the GOP's American Health Care Act. "I committed to President Trump that I would support this plan if it contains the changes we agreed to today", the Columbia City resident said.

And to appease moderates, tax credits would be increased for older Americans. And by 2026, according to the CBO, "an estimated 52 million people would be uninsured, compared with 28 million who would lack insurance that year under current law". Furthermore, if carefully constructed, a public option like Medicare for All would also do wonders for USA businesses by relieving them of the burden of providing health coverage for their employees - at a cost significantly lower than what they now pay. It establishes "more federalism" because it creates state-based, high-risk pools (with some federal funds) with the goal of keeping premiums down.

If the proposed replacement bill passes in its current form, many patients will lose the access to medical care that they have now.

The president is reportedly willing to tweak the bill to help reassure those conservatives. I have met with the House leadership and committees of jurisdiction throughout the week to express these concerns and advocate for additional changes to the bill. Mark Walker, R-N.C., the chairman of the Republican Study Committee, told reporters.

Reportedly, even if it got to the Senate as is...several State Senators have already come out in opposition of the bill as it stands right now.

The ACA required health insurers to cover mental health care.

A 62-year-old individual in Los Angeles who makes $50,000 isn't eligible for assistance under Obamacare, but would receive a $4,000 tax credit under the GOP plan.

"Unless we gave it massive subsidies, it's not going to be there", he said.

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