House Republicans reveal their Obamacare replacement

Malcolm Fuller
March 7, 2017

The legislation, dubbed The American Health Care Act, would abolish the individual, income-based subsidies for purchasing insurance under Obamacare.

According to a Kaiser Family Foundation study released on February 24, 80 percent of Americans, including the vast majority of Republicans, Democrats and independents, want Congress to keep the Obamacare Medicaid expansion.

During debates over the ACA and long after its actual passage, Republicans lodged a nonstop barrage of attacks against the health care law's individual mandate.

The fate of the Obamacare plan remains uncertain, even with Republican majorities in both chambers.

In his address to a joint session of Congress last week, President Donald Trump called on "this Congress to repeal and replace Obamacare with reforms".

Press Secretary Sean Spicer said the bill "marks an important step toward restoring healthcare choices and affordability back to the American people".

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House Republicans on Monday released their long-awaited plan for unraveling former President Barack Obama's health care law, a package that would scale back the government's role in health care and likely leave more Americans uninsured. Under the new plan, states will be given "block grants" to fund Medicaid, set amounts of money that officials can use in different ways. That means the more health insurance companies pay their executives the less they will pay in taxes.

It will also phase out the federal insurance subsidies, replacing them with individual refundable tax credits to help users purchase healthcare. A study found that the biggest beneficiaries of such accounts are wealthy Americans.

Our bill also dismantles the ObamaCare taxes that have hurt patients, job creators and health-care providers.

NBC News reports while there are some major overhauls, this measure will not completely repeal Obamacare. The public is broadly opposed to reductions in funding for Medicaid, though there is near-universal support for maintaining the protections afforded to those with pre-existing conditions under the Affordable Care Act.

Among its top-level changes, the AHA scraps the controversial fines Obamacare imposed on Americans who failed to obtain health insurance. According to The New York Times, the Medicaid expansion has provided coverage for more than 10 million people in 31 states.

In January, then-President elect Trump promised his party would repeal Obamacare - his predecessor's signature legislative achievement - and replace it "almost immediately" with a plan that would cover "everybody". "And we have a right to look it over and see if we like it or don't", Hatch said.

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