GOP Draft Repeal Plan Scraps Subsidies And Individual Mandate, Rolls Back Medicaid
The replacement would be paid for by limiting tax breaks on generous health plans people get at work.
Politico:
Exclusive: Leaked GOP Obamacare Replacement Shrinks Subsidies, Medicaid Expansion
A draft House Republican repeal bill would dismantle Obamacare subsidies and scrap its Medicaid expansion, according to a copy of the proposal obtained by POLITICO. The legislation would take down the foundation of Obamacare, including the unpopular individual mandate, subsidies based on people’s income, and all of the law’s taxes. It would significantly roll back Medicaid spending and give states money to create high-risk pools for some people with pre-existing conditions. Some elements would be effective right away; others not until 2020. (Demko, 2/24)
Bloomberg:
GOP Obamacare Plan Would Cover Fewer People; Blowback Grows
Republican lawmakers expect that their Obamacare replacement will result in fewer Americans covered by health insurance, a fact that’s likely to increase blowback amid growing support for the program. New details of the plan are beginning to emerge, described by lawmakers and their aides. While still being worked out, it would do away with the Affordable Care Act’s requirement that all Americans have health coverage or pay a fine, and replace it with rules that let people choose not to buy insurance, instead paying higher premiums or penalties if they need it later. The result would be fewer people covered, said Republican lawmakers. (Tracer, House and Edney, 2/24)