Senate Republican leaders reveal replacement of Obamacare health bill

Minority Leader Chuck Schumer spoke on the Senate floor Thursday moments after the GOP’s 142-page discussion draft was posted online. McConnell stitched it together behind closed doors, potentially moving President Donald Trump and the GOP toward achieving perhaps their fondest goal – repealing former President Obama’s 2010 statute, his proudest domestic legacy.At the White House on Thursday, Mr Trump expressed hope for quick action.”It’s going to be hard for conservatives to support a bill that has greater subsidies than Obamacare”, Paul said. Here’s a breakdown of how the bills differ from current law and from each other.”We have to act”, McConnell said on the Senate floor. “Because Obamacare is a direct attack on the middle-class and Americans deserve better than the failing status quo”. They said GOP characterizations of the law as failing are wrong and said the Republican plan would boot millions off coverage and leave others facing higher out-of-pocket costs.Democrats roundly criticized the Republican plan to scrap the Obama health care law, and there are allegedly at least four Republican senate votes that agree with the criticism.Sens. Rand Paul of Kentucky, Ron Johnson of Wisconsin, Ted Cruz of Texas and Mike Lee of Utah said in a joint statement they’re “not ready to vote for this bill”.Last month, the House voted 217-213 on a version of the bill, with 20 Republicans joining Democrats to vote against the American Health Care Act. Dean Heller and Susan Collins have also withheld support. Flake tweeted that he’s reviewing the plan and his spokesman would not provide more information on his position.”We’ll hopefully get something done and it will be something with heart and very meaningful”, he said.Obama was more than skeptical. We need a legislative process that is patient-focused, inclusive, bipartisan, honest and open.Any new Senate bill would have to be reconciled with the House version. But medical groups announced opposition, saying it would diminish coverage.Ending Obama’s expansion has been a major problem for some GOP senators.Ryan called the bill “ruinous”, also upset with its Medicaid ramifications. The program now gives states all the money needed to cover eligible recipients and procedures. This is a budget gimmick to ensure that the bill complies with Senate rules that forbid the legislation from adding to the federal government’s long-term debt.At the same time, the subsidies granted would be based on lower quality health plans, and would thus afford people less coverage.For the past seven years, Republicans have plotted a course for repeal of the landmark health reforms of Trump’s Democratic predecessor Barack Obama. Additionally, under the AHCA, those with pre-existing conditions would be in jeopardy of losing coverage. It allows parents keep their kids on their policies until they turn 26, and requires insurers to cover people with preexisting conditions. Meanwhile, the Senate’s measure considers age, income and geography, but apparently people would need to be lower-income than under the ACA to receive them.The bill would effectively defund Planned Parenthood, as it bars any funding allocated under the healthcare bill to be given to providers that offer abortion.There’s also a long-term state innovation fund, $62 billion over eight years, to help high-cost and low-income people buy health insurance.