House Passes American Health Care Act (TrumpCare)

Today the US House of Representatives passed the AHCA (American Health Care Act) by a narrow margin of 217 votes.  All yes votes were GOP and all Democrats voted against--as well as a small number of GOP Representatives.  

Now the TrumpCare makes its way to the US Senate where it is likely in for contentious debate and some likely changes.  The Senate has indicated that they are working on their own bill.

While something needs to be done with regard to the ACA (ObamaCare), there is great debate whether this is the best or most appropriate solution.  Some States or portions of States are facing a situation where no health insurer will be available in 2018 from which to purchase health coverage.  

Even Covered CA hinted in an agent e-mail earlier this week that California could see rates increase up to 48% for 2018.  

Here's a quick overview of what the AHCA (TrumpCare) would do...

*Eliminate Obamacare taxes on the wealthy, insurers and others, and get rid of the individual mandate imposed by Obamacare, officially known as the Affordable Care Act

*Provide Americans with refundable tax credits based mainly on age to purchase health insurance.

*Allow insurers to charge higher premiums to those in their 50s and early 60s, compared to younger consumers. 

*Curtail federal support for Medicaid and allow states to require able-bodied adults to work. After 2020, states that expanded Medicaid would no longer receive enhanced federal funding to cover low-income adults, and those that hadn't expanded would be immediately barred from doing so.

*Allow states to relax key Obamacare protections of those with pre-existing conditions, which are among the health reform law's most popular provisions. States could apply for waivers to allow insurers to offer skimpier policies that don't cover the 10 essential health benefits mandated by Obamacare. Also, insurers would be able to charge higher premiums to those with medical issues if they let their coverage lapse. States requesting waivers would have to set up programs -- such as high-risk pools -- to protect insurers from high-cost patients.

Stay tuned for updates as the AHCA makes its way to the Senate.  

Read The Full CNN Article Here


Dave

www.davefluker.com






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