Is the new GOP healthcare bill worse than Obamacare? | The Tylt
Republicans revealed the American Health Care Act (ACH), which would undo much of Obamacare's taxes, mandates and subsidies. Proponents say the plan delivers on exactly what Republicans have been promising and will give millions of Americans relief from the tyranny of Obamacare. Critics say the ACH will throw millions off of their insurance, give tax breaks to the rich, and cause people to die. What do you think? 💉
Is the new GOP healthcare bill worse than Obamacare?
Critics say the replacement does not do enough replace Obamacare and will lead millions to lose their coverage.
The truth is that the GOP measures would destroy the ability of millions of Americans to access any healthcare worth the name. The Congressional Budget Office reportedly warned the Republicans that their proposals would lead to lost coverage for millions and higher costs for millions more, but the GOP is pushing ahead anyway.
While the full effect of ACH is not yet fully understood, pundits are already raising the alarm over several key points found in the bill:
- Federal funding will be forbidden from organizations that provide abortions. This effectively defunds Planned Parenthood.
- Federal tax subsidies will be forbidden to be used on health plans that include coverage of abortions. This effectively incentivizes private insurers to stop covering abortions.
- Employers and individuals will no longer be penalized if they don't buy insurance. This will cause insurance companies to enter a death spiral as sick customers stay on the rolls but healthy customers drop out.
- Standards for what insurance must cover will be dropped. The standards used to regulate a floor to what health insurance covers. Under the ACH, insurance companies will not be required to cover mental health, maternity, hospitalizations, among other things.
- Insurance premiums will be subsidized by age instead of income and will be capped at $4,000 per individual. This is pretty much taking from the poor and giving to the rich.
- Medicaid expansion will be stopped by 2020. Instead of providing federal funding by the number of patient, federal grants would be given to states in blocks, leading to less money being available per person using Medicaid. States will have less money to help the neediest and sickest Americans.
- Obamacare taxes will be repealed and limits on Health Savings Accounts will be raised. This will give the rich a tax break while making it impossible to pay for the pittance the ACH gives to citizens. Even better, it will reduce Medicare's solvency by four years.
Here's how the GOP is pitching their version of Obamacare:
Our plan delivers relief from the taxes and mandates that have hurt job creators, increased premiums, and limited options for patients and health care providers. It returns control of health care from Washington back to the states and restores the free market so Americans can access the quality, affordable health care options that are tailored to their needs.
They say their bill is better because:
Obamacare was based on a one-size-fits-all approach that put bureaucrats in Washington in charge of your health care.The law led to higher costs, fewer choices, and less access to the care people need. What we’re proposing will deliver the control and choice individuals and families need to access health care that’s right for them.And we provide the freedom and flexibility states, job creators, and health care providers need to deliver quality, affordable health care options.
It's not Obamacare 2.0. It's Obamacare 0.5 - a half-assed attempt to preserve ACA successes without spending nearly enough money— Paul Krugman (@paulkrugman) March 7, 2017