Senate Republican leaders unveiled a draft of their bill to repeal and replace President Barack Obama's health care law on Thursday and argued it would eliminate job-killing taxes enacted under the 7-year-old health law.
The 142-page bill proposed considerable cuts to Medicaid, a healthcare programme for low-income and disabled Americans, offered tax cuts to help people buy health insurance and gave states more power in shaping health-care regulations.
Democrats said the GOP measure would take coverage away from people and raise their out-of-pocket costs, all in the name of paring taxes on the wealthy.More news: Severe storms, isolated tornadoes possible Friday
He said now that leadership knows there are not 50 votes for the bill, he hopes a negotiation can begin.
AHIP represents Anthem Inc, one of the largest sellers of health insurance on the Obamacare exchanges, and Cigna Corp, among others.
The Blue Cross Blue Shield Association, which represents health insurers covering more than 100 million people in the USA, said it will continue to push for a replacement for Obamacare's coverage requirement as well.More news: Cristiano Ronaldo ready to pay 14.7 million in Spanish tax fraud case
A health insurance industry trade group says it's encouraged by provisions of the Senate GOP health care bill, but stopped short of voicing support. She said that a loss in federal funding could be detrimental to patients who rely on health care services including dentistry, OB/GYN, and pediatric medicine. Under Obamacare, these subsidies are tied to the mid-range "silver"-rated plans".
Senator Roger Wicker of MS expressed some disappointment that the new bill bears too many similarities to Obamacare.
As a military veteran who uses the VA, and as someone who now works in the health care field, I believe a single-payer Medicare-for-all system is the only one that will truly work.
Mitch McConnell, the majority leader, will put the bill up for vote in the Senate next Thursday.More news: Senate Republicans Work To Gather Votes To Pass Health Care Bill
Obamacare had assured coverage to people with pre-existing ailments and restricted insurers from charging them based on health conditions. Republicans also want to change the way the federal government calculates payments to the states starting in 2025, reducing the federal government's contribution to the states. The Senate Bill, did allow states to redefine what qualifies as an "essential" element of a healthcare plan. Fortunately, buried in the House bill was a way out of the morass.
- Trevor Noah Is Disgusted By The Philando Castile Verdict
- Curran takes three wickets as De Villers stars for Proteas
- DNC Chairman Tom Perez suggests Democrats could 'take 50 seats' in House
- 'Illiterate' Rajinikanth unfit for politics, says Subramanian Swamy
- 47 killed in multiple blasts and firing in 3 Pakistani cities
- India thrash Pakistan in HWL classification match
- Four GOP Senators, including Johnson-WI, withhold support from health care bill
- Five London tower blocks evacuated over fire safety concerns
- Lewis Hamilton: "We delivered a real blow to the Ferrari's"
- Sara Ali Khan skips Karan Johar movie debut because of Amrita Singh