Yesterday, the “repeal bill” known as the Obamacare Repeal Reconciliation Act (ORRA) failed to win enough votes for passage, losing 45-55. Now, Republican Senators will try to pass what has been dubbed a “skinny repeal” bill that will eliminate the mandates for employers and individuals to maintain health coverage, and potentially roll back medical device and other corporate taxes. The exact bill has not yet been crafted, but many Republicans appear to be determined to find some way to keep the health care debate alive. As stated by Senator Thom Tillis (R., N.C.), “we need an outcome, and if a so-called… Read more
Tag: American Health Care Act
Version 2.0 of Health Care Bill to be Introduced in the Senate Today
As discussed in my blog yesterday, Republican Senators will be introducing a newly revised health care bill today. According to reports from multiple media sources, the bill will include cuts to Medicaid, expansion of the use of health savings accounts and tax credits, and additional funding for states to fight the rising opioid addiction epidemic. Additional funding is also expected to be included beyond the $62 billion currently allocated to states to help low-income individuals afford health care coverage. It is also expected to retain the 3.8% investment tax and the 0.9% Medicare surtax on upper-income earners (see details in… Read more
Senate Health Care Bill -No July 4th Celebration
Today, Senator Majority Leader Mitch McConnell (R. KY.) announced that the health care bill to repeal and replace the Affordable Care Act (ACA) will not be put up for a vote in the Senate until after the July 4th holiday. According to the New York Times (6/27, Steinhauer, Subscription Publication), it appears that he “miscalculated in the first round of play.” He is said to have “put his legislative thumb on the scale in favor of conservatives, quickly alienating” other senators including Sens. Susan Collins (R. ME) and Lisa Murkowski (R. AK). Other Senators have also opposed the Medicaid eligibility… Read more
Health Care Bill-Opposition Continues While CBO to Weigh In On Cost
As previously discussed in this blog, a discussion draft of the Senate version of the American Health Care Act (AHCA) was introduced in the Senate last Thursday. Since that time, in addition to unanimous condemnation from the Democrats, including rallies by former Presidential candidate and Senator Bernie Sanders (D., Vt.), several Republican Senators have also voiced their opposition to portions of the bill. In some cases, it is demand for including certain provisions, such as opioid treatment. But the key point of contention appears to be the bill’s treatment of Medicaid. As a reminder, Medicaid is a Federal/State collaboration, with… Read more
Senate Health Care Bill Introduced Today
The Senate health care bill, titled as the “Better Care Reconciliation Act” was introduced today. The discussion draft of the bill ( a mere 142 pages) is the Senate version of the American Health Care Act (AHCA) passed by the House. Included in the draft is an additional $50 billion over four years to stabilize insurance exchanges. It also includes $15 billion a year in market-stabilizing funds over the next two years and $10 billion a year in 2020 and 2021. Under this bill, cost-sharing subsidy payments will remain available. $62 billion has also been allocated over eight years for… Read more
Senate to Consider Health Law Bill Before End of June?
Last week, a story in the Washington Post (6/15, Sullivan, Snell), stated that the Senate was poised to consider the health care bill by the end of the month, before the summer recess. However, the article also states that other Republicans were “skeptical” that the Senate would be able to vote on the bill before the recess. What we do know is that the “repeal and replace” of the ACA (Affordable Care Act) in the Senate is being conducted behind closed doors by 13 Republican Senators. Senate Majority Leader Mitch McConnell (R-Ky.) continues to push for a vote before the July… Read more
CBO Scores the American Health Care Act Passed by the House – Cuts Deficit and Number of People Insured
The Congressional Budget Office (CBO) has just released its estimate of the impact of the American Health Care Act (AHCA) passed by the U.S. House of Representatives on May 4th of this year. (As a reminder, the AHCA was passed by the House before the nonpartisan CBO could determine its impact.) According to the CBO, when compared to the current Affordable Care Act (ACA), the AHCA would leave 23 million more people uninsured while reducing the cumulative federal deficit by $119 billion over the next ten years. The CBO also estimates that insurance premiums under the AHCA will increase by… Read more
ACA Repeal-and-Replace Bill Released
On Monday, March 6, 2017, the Energy and Commerce Committee and the Ways and Means Committee of the U. S. House of Representatives released the American Health Care Act (the “Act”), which would repeal and replace portions of the Patient Protection and Affordable Care Act (the “ACA”). Notable provisions in the Act that would affect employer-sponsored health plans include: Reduce to zero the penalty for employers that fail to offer minimum essential coverage to their employees. Reduce to zero the individual mandate to obtain health insurance. Replace income-based tax credits for purchasing private insurance with age-based tax credits. Encourage the… Read more