The Republicans have finally introduced a bill to “repeal and replace” Obamacare. Let us call it Trumpcare!
The new plan would eliminate penalties for not having health insurance and cut Obamacare taxes. People could still get health insurance on state exchanges. And low income Americans would get subsidies in the form of tax credits. Those who don’t pay income taxes will still get the money to help pay for their health insurance. Health Savings accounts will also be part of the program.
The new bill will prevent Planned Parenthood from receiving Medicare money. Also, tax credits may not be used for policies that pay for abortions.
What do you think of this replacement? Does Trumpcare keep too much of Obamacare? Does it do too much or too little?
From Alison Kodjak, Obamacare Changes Emerge In House Repeal And Replace Bill : Shots – Health News : NPR:
After years of waiting, it’s finally here.
The Republican plan to reshape the Affordable Care Act — what they call “repeal and replace” — kills the requirement that everyone buy health insurance by eliminating the tax penalty for those who don’t have coverage. It also makes significant changes in the financial assistance people can receive to buy a health plan.
“Our legislation transfers power from Washington back to the states,” said House Ways and Means Committee Chairman Kevin Brady, in a statement. “We dismantle Obamacare’s damaging taxes and mandates so states can deliver quality affordable options.”
The bill would offer tax credits, refundable in advance, to people with incomes below $75,000. But those credits will be lower in many cases than the subsidies now offered in the ACA.
Obamacare Changes Emerge In House Repeal And Replace Bill : Shots – Health News : NPR
Illustration by GDJ, Pixabay, CC0, Public Domain
The Republicans have finally introduced a bill to “repeal and replace” Obamacare. Let us call it Trumpcare!
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