Free Republic

The new changes are as follows: Although it still includes tax credits that vary by age, Republicans are considering not allowing wealthier people to qualify for the credits. There are no specifics about the cutoff, although as we reported this week, that could be in the next draft. “Grandmothered” plans are no longer allowed to remain in the market indefinitely. These are plans that existed before Obamacare’s implementation, but didn’t meet its coverage requirements. In addition to the “state innovation grants” in the earlier version of the bill, this draft creates a reinsurance fund. It would reimburse insurers for enrollees...

The House easily passed Republican legislation on Friday allowing insurers to keep offering old insurance plans for another year in response to President Barack Obama’s broken “if you like it, you can keep it” promise.

Republicans revealed the details of their new healthcare bill, to replace Obamacare. It has the backing of nearly 3/4 of the republicans in the House. The bill includes money to the states to shore up their preexisting condition pool. The bill from the Republican Study Committee, would repeal the entire Obamacare bill. It would expand health savings accounts, medical liability reform, and would eliminate the restrictions on buying insurance across state lines. Although the sponsors of the bill plan to vote on it as soon as possible, they concede that it has no chance of passing in the senate.