Mo Brooks (R-AL) has entered a one sentence bill for repeal of the ACA (ObamaCare). Seen as more of a symbolic gesture (the bill did not go to vote in the House), he gets right to the point in a succinct fashion...
“Effective as of Dec. 31, 2017, the Patient Protection and Affordable Care Act is repealed, and the provisions of law amended or repealed by such Act are restored or revived as if such Act had not been enacted.” Full article from The Libertarian Republic
Republic Leadership has postponed the House vote on the American Health Care Act (AHCA). House Floor vote was scheduled for today.
Republican leaders canceled a vote in the House on the plan to replace ObamaCare Thursday, after leadership's attempts to lobby enough votes apparently failed -- a major setback for House Speaker Paul Ryan and President Trump. Looks like this may take longer than expected, if it can pass at all. Stay tuned for updates and news on the AHCA/TrumpCare
Received a notification from my short term health carrier, Tokio Marine HCC, that the new CMS/HHS rule allowing only 3 months short term coverage will go into effect April 1st.
Due to this change (was hoping HHS would void it), carriers re-filed their short term plans with the State of California. Currently, those re-filed short term plans are pending regulatory approval. As such, it is likely that approvals will not be granted prior to April 1 and the product will be off of the market until such approval is received.
If you want to get a short term health plan up to 6 months, you will need to purchase it prior to April 1st with effective start date of 3/31 or earlier.
The House GOP has made further amendments to the AHCA (American Health Care Act) in an effort to appease various segments of the house GOP. AHCA is scheduled for a full House floor vote on Thursday (3/23).
end most of the ACA's taxes at the end of this year, one year earlier than in the original billbar any new states from expanding Medicaidestablish a work requirement for Medicaidgive states the option to receive federal Medicaid funding in the form of fixed block grantsincrease the growth rate of capped federal payments to the states for elderly and disabled beneficiariesdelay implementation of the ACA's excise tax on high-value employer health plans for an additional yearpenalize New York state for requiring some counties to contribute to Medicaid fundingI would expect that even more changes may be coming in order to gain the necessary support for the AHCA. I will update any news.
This morning the AHCA (American Health Care Act) narrowly passed the U.S. House of Representatives Committee on the Budget by a 19-17 vote. AHCA now moves forward to the House Rules Committee.
The close vote was considered the toughest of the three committee votes held so far on the controversial package. One more defection for Republicans would have resulted in a tie, stopping GOP leaders' current strategy for passing the bill in its tracks. Complicating the process for the White House and Republican leadership is a recent analysis of the bill by the Congressional Budget Office which predicted that 24 million fewer Americans would be insured under the new legislation Fox News Report on AHCA
An interactive subsidy map provided by Kaiser Foundation allows you to see the impact of tax credit subsidy (2020) versus income-based subsidy (current). Sorted by county in all 50 states. Those above 400% federal poverty level would do much better, those below, depends on county and income. Most below 200% would do much worse.
Subsidies under ACA are based primarily on income. Tax Credits would be based primarily on age.
Anthem is the first health insurance company to weigh in on the GOP's American Health Care Act. Anthem operates in 14 states including Anthem Blue Cross in California (Blue Shield of California is a separate insurance company).
The company warned two Republican House committee leaders Thursday that without "significant regulatory and statutory changes," it will begin to "surgically extract" itself next year from the 14 states where it participates on the individual market.
Anthem specifically praised the creation of a $100 billion fund that states could use to subsidize the cost of caring for sick enrollees.highlighted the importance of continuing the Obamacare cost-sharing subsidies that reduce the deductibles and co-pays of lower-income enrollees.Anthem warned that if the cost sharing subsidies aren't funded and other reforms made, the market will "continue to deteriorate." Read the full article on CNN
Repeal & Replace TrumpCare Table from Peck Madigan Jones spells out the upcoming proposed changes to the ACA (ObamaCare).
The draft legislation is scheduled to go to mark up tomorrow in the House Way & Means and Energy & Commerce Committees on Wednesday, March 8, and is expected to be scored by the Congressional Budget Office soon. The draft legislation could see considerable changes during mark up and scoring, and will still need support from the Senate in order to pass.
Anthem Blue Cross has rolled out Medicare Supplement Plan G in California. Available for start dates of March 1, 2017 and after.
Plan G covers similar to Plan F but does not cover the Part B Medicare Deductible ($183 in 2107). For Medicare Beneficiaries over 70 Plan G can save more in premium than the Part B deductible, making G worth a look on your birthday (California Birthday Rule)
As you know, we added SilverSneakers** to our marketed Plans A, F and N in California. We are happy to share that SilverSneakers will be included with Plan G as a value-added program
For a no-obligation Anthem CA Plan G rate quote, give me a call at 800-509-0659
**SilverSneakers is a value-added program. It is not insurance and not part of the Medicare Supplement insurance plans. It can be changed or withdrawn at any time. The SilverSneakers fitness program is provided by Tivity Health, an independent company. Tivity Health and SilverSneakers ar…
Congress releases the "American Health Care Act" today. This is the ObamaCare repeal and replacement. The Act will:
* Dismantle ObamaCare Taxes
* Eliminate Individual & Employer Mandate Penalties
* Prohibit Insurers from denying coverage (pre-existing) * Help young adults access healthcare * Establish a Patient and State Stability Fund * Modernize and Strengthen Medicaid * Empower Individuals & Families (expanding HSAs) * Help Americans access affordable, quality health care** **Monthly Tax Credits between $2,000 and $14,000 a year for low- and middle-income families who don't receive insurance through work or a government program
Obamacare is collapsing. Republicans have a plan to repeal and replace it. More than eight months ago, we outlined our vision for repealing and replacing Obamacare in A Better Way. Since then, we have been talking with our constituents and colleagues about how to turn these solutions into policies that will improve lives GOP Overview and Link…
Advanced Premium Tax Credits are used to help reduce the premium amount the insured pays for their ACA coverage. Exchanges (State and Federal) are supposed to verify identity and eligibility at the time of application for coverage/subsidy.
The Affordable Care Act exchanges awarded $21.8 million in advance premium tax credits to individuals who were not eligible to receive them, according to an audit from the Treasury Inspector General for Tax Administration.The audit found that the exchanges did not successfully verify the identity of 35,276 individuals, and these individuals received $112 million in advance premium tax credits. The report notes that the majority of these applications—99 percent—had no verification process performed on them, and 251 failed identity verification. Fox News Article by Ali Meyer of Washington Free Beacon
House Republicans plan to release the details of their ObamaCare replacement plan next week. House Republicans huddled this weekend to finish their ObamaCare replacement plan, while also trying to stanch criticism about a secretive and stalled process by revealing some specifics and vowing the bill will soon be available for review.“This plan will be out next week, and everybody will have a chance to see it,” Georgia Rep. Buddy Carter, a pharmacy owner and Republican member of the House Energy and Commerce Committee, told Fox News’ “America’s News Headquarters.” According to Buddy Carter (R-Georgia), the replacement will include:
Americans with pre-existing conditions will qualify for coverage as with ObamaCareYoung adults will be able to remain on their parents plan to age 26Will include focus on HSA I will post the details once the plan is released to the public. Fox News Article
Some GOP proposals aimed at "repeal and replace" include language indicating they might cap the current tax exclusion on employer-sponsored health plans. This exclusion basically allows employers to exclude from an employee's taxable income the amount of health insurance premiums contributed by the employer.
Price's "Empowering Patients First Act" would limit the exclusion to $8,000 for individuals and $20,000 for families.
The Hatch-Burr proposal would cap the exclusion at $12,000 for individuals and $30,000 for families.
At issue is the longstanding tax exclusion for employer-sponsored health insurance, more than $250 billion that Americans who receive insurance from their jobs don’t pay in federal income or payroll taxes annually, according to 2016 figures from the nonpartisan Congressional Budget Office. Critics of the exclusion note that it’s the federal government’s largest tax subsidy, a giveaway born in the 1940s that has led millions of Americans to…