Posted on 03/04/2017 6:13:21 AM PST by davikkm
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 with medical claims above $50,000 and up to $350,000.
(Excerpt) Read more at investmentwatchblog.com ...
Exactly. Can’t understand why people are freaked out all of a sudden that these are coming back. It’s a good thing.
google: “subsidized high-risk pools”
It’s “Repeal without Replace”
Not: “Repeel and Tweek”
... apparently in DC they think “repeal” is “Repeel”, meaning removing an old skin and stitching a new skin on.
Sigh ... Republicans are useless ...
I think the only hope is to tell the states you can keep Obamacare if you want but you have to fund it yourselves.
Or...
You can join the free market. I will move if I have to.
This is Tom Price’s bill. Trump must approve of it, he made him the responsible Cabinet officer.
“And REPLACE” was NOT voted by the people.
REPEAL yes was voted by the people.
The ‘and replace’ was added later by the loser Rinos & Dems
I think that's always been the issue, the mandate. With a combination of no mandate and competing policies being allowed, the market place will take it from there.
Medicare has a restriction on competition. Medicare Part A is the only part that we paid in for, and that coverage is free. Many people don't know this, but Parts B and D are optional. Most people who do know are scared into more Nazi insurance. The problem is that even though there's no mandate for those parts, no one can offer alternate, non-government policies for Seniors!
Simple. Pre existing, coverage for all.
Done all the time. Adjust the payout.
IWB = Investment Watchdog Blog
Feb 16, 2017 Ryan indicates plan is being scored by CBO - https://www.youtube.com/watch?v=adDTN9e8WKI&feature=youtu.be&t=366
> “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.
Translation: plans must meet ACA coverage requirements
> In addition to the “state innovation grants” in the earlier version of the bill, this draft creates a reinsurance fund.
“state innovation grants” - federal goals to be met however a state chooses.
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