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Arizona Medicaid agency says Senate health bill cost $7.1B

24 June 2017

GOP Sens. Rob Portman of OH and Shelley Moore Capito of West Virginia also expressed concerns about the bill's cuts to Medicaid and drug addiction efforts.

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.

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He said now that leadership knows there are not 50 votes for the bill, he hopes a negotiation can begin.

The nonpartisan Congressional Budget Office (CBO) has estimated that the House version of bill would leave 23 million people uninsured.

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.

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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.