GOP releases newest version of Senate health care bill

The plan would also reduce the USA budget deficit by $321 billion over the next 10 years.Although the Senate Republican health care bill doesn’t explicitly eliminate the protection for consumers with pre-existing health conditions to buy health plans, some say it’s now meaningless. The Senate draft comes over a month after the House of Representatives passed the American Health Care Act (AHCA) on May 4. “It is far from a ideal bill”, Sen.The Congressional Budget Office (CBO) said it would release its analysis today on the original Senate health bill. Conservative senators, like Sens.Senate Republicans have issued a revised version of their health care bill. The changes include a penalty for people who let their insurance lapse. This week, the New England Journal of Medicine published a paper that I co-authored with Katherine Baicker and Ben Sommers, two health economists at the Harvard T.H. Chan School of Public Health, in which we analyzed the health effects of insurance coverage. The insurers in the individual market “shall impose a 6 month waiting period” for anyone who “cannot demonstrate 12 months of continuous creditable coverage”.After drafting the bill with an “almost-unprecedented opacity”, Senate Republicans finally publicly introduced their health care proposal on June 22. It was unveiled earlier that day by Senate majority leader Mitch McConnell, a Kentucky Republican who drafted it behind closed doors after numerous meetings among GOP senators.Insurers have been concerned that the repeal of the individual mandate to buy insurance under the Affordable Care Act would mean that fewer healthy people would feel compelled to buy coverage, if there were no financial incentive.The budget office report said coverage losses would especially affect people between ages 50 and 64, before they qualify for Medicare, and with incomes below 200 percent of poverty level, or around $30,300 for an individual. Unfortunately, it’s that law’s worst provision: The so-called “Cadillac tax” provision lays an additional tax burden on employer health plans with higher-than-expected costs, even if the plan provides substantially less coverage than citizens receive in other developed countries through their government’s healthcare program.The Senate bill does give a tax cut to wealthy Americans and medical-related industry.It’s a bit hyperbolic to say everybody’s health care would be cut to finance the tax cut; it’s mostly lower-income people who lose out as a direct result of the bill.Under the Senate’s budget rules, the legislation must save at least as much as the “on-budget” savings of $133 billion in the House-passed bill.”I can not support a bill that’s going to result in tens of millions of people losing their health insurance”, Collins said.The American Medical Association said it was especially concerned with a proposal to put the Medicaid healthcare program for the poor on a budget, saying this could “fail to take into account unanticipated costs of new medical innovations or the fiscal impact of public health epidemics, such as the crisis of opioid abuse now ravaging our nation”. He’s already facing a tremendous amount of social media and advertising from people who want him to vote to save Obamacare.In unusually harsh terms, a conservative Republican senator accused party leaders on Monday of trying to rush the party’s health care bill through the Senate in remarks that underscored the challenge they face in stanching a rebellion among GOP lawmakers. They blocked committee hearings last month in response to President Trump’s firing of FBI Director James Comey. The Senate bill allows states to roll back more of Obamacare’s insurance regulations and makes it easier for states to get the waivers. Face the Nation host John Dickerson and Meet the Press host Chuck Todd both noted that under the Senate bill, Republicans could use this maneuver to cut coverage for things like mental health care, substance abuse treatment, and maternity care.Republicans released an updated version of their plan to repeal and replace Obamacare Monday afternoon.