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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublican Health Proposal Would Redirect Money From Poor to Rich
Republicans in Congress have been saying for months that they are working on a plan to repeal and replace Obamacare in the Trump era. Now we have the outline of that plan, and it looks as if it would redirect federal support away from poorer Americans and toward people who are wealthier.
A white paper drafted by House leadership and the staff of the House and Senate committees that oversee health policy details a structure that could replace large sections of the Affordable Care Act. Crucially, the proposal largely contains provisions that could be passed through a special budget process that requires only 50 Senate votes, and fulfills President Trumps promise that the repeal and replacement of the law would take place simultaneously.
The plan would make major changes in how health care is financed for Americans who dont get coverage from work. It would greatly expand the number of Americans who could benefit from federal help in buying health insurance, but it would change who benefits most from that support.
. . .
But the current system is set up to ensure that low and middle-income Americans can afford the cost of their premiums. The Republican plan would not do that, and would result in many more low-income people losing out on coverage if they couldnt find the money to pay the gap between their fixed tax credit and the cost of a health plan.
Older people without employer-based insurance typically earn more than young people, who tend to be starting out in their careers. Its hard to know precisely how many people would lose coverage under this proposal because its missing some numbers. But similar tax credit plans from House Speaker Paul Ryan and Tom Price, the new secretary of health and human services, would result in millions losing coverage, according to independent estimates. (Mr. Ryan said Thursday in a news conference that the Congressional Budget Office was evaluating the new proposal, which means that we may see firm coverage estimates in the coming weeks.)
A white paper drafted by House leadership and the staff of the House and Senate committees that oversee health policy details a structure that could replace large sections of the Affordable Care Act. Crucially, the proposal largely contains provisions that could be passed through a special budget process that requires only 50 Senate votes, and fulfills President Trumps promise that the repeal and replacement of the law would take place simultaneously.
The plan would make major changes in how health care is financed for Americans who dont get coverage from work. It would greatly expand the number of Americans who could benefit from federal help in buying health insurance, but it would change who benefits most from that support.
. . .
But the current system is set up to ensure that low and middle-income Americans can afford the cost of their premiums. The Republican plan would not do that, and would result in many more low-income people losing out on coverage if they couldnt find the money to pay the gap between their fixed tax credit and the cost of a health plan.
Older people without employer-based insurance typically earn more than young people, who tend to be starting out in their careers. Its hard to know precisely how many people would lose coverage under this proposal because its missing some numbers. But similar tax credit plans from House Speaker Paul Ryan and Tom Price, the new secretary of health and human services, would result in millions losing coverage, according to independent estimates. (Mr. Ryan said Thursday in a news conference that the Congressional Budget Office was evaluating the new proposal, which means that we may see firm coverage estimates in the coming weeks.)
https://www.nytimes.com/2017/02/16/upshot/republican-health-proposal-would-redirect-money-from-poor-to-rich.html
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Republican Health Proposal Would Redirect Money From Poor to Rich (Original Post)
CousinIT
Feb 2017
OP
Good post. Your title is backward, it make the poor look like beneficiaries. nt
Blue_true
Feb 2017
#4
Achilleaze
(15,543 posts)1. Screwing the poor to enrich the rich. How republican is that?
And to think that so many honest, hard-working men and women in the American heartland were so royally SUCKERED ONCE AGAIN by the republican liars.
sad
CousinIT
(9,257 posts)2. I've never seen a Republican plan, policy or law that didn't do that. n/t
Turbineguy
(37,366 posts)3. As usual, Mel Brooks....
Blue_true
(31,261 posts)4. Good post. Your title is backward, it make the poor look like beneficiaries. nt