Changes to Affordable Care Act may effect entrepreneurs

Mar 20, 2017, 00:43
Changes to Affordable Care Act may effect entrepreneurs

If you're going to try to reduce the federal role in health care and health care spending, you're going to end up, logically, with having more people who are uninsured, underinsured, and pushing more of the costs onto states' local governments and individuals, and I think that's pretty much what the CBO report said.

The statement addresses his concerns for the bill's "current form", crafted the Speaker Paul Ryan, leaving room for Fitzpatrick's support on any future redrafts.

The Trump administration is already moving in this direction through the Medicaid waiver system.

Health secretary Tom Price is prodding divided Republicans to "get together and collaborate" on a health care overhaul GOP leaders can push through the House.

Republicans argue that work requirements better prepare participants to transition off government assistance and into jobs.

It seems that proponents of the AHCA are not listening to the message that citizens in MI and nationally are giving policy makers: fix the ACA so that it can provide better quality, more accessible and lower-cost health coverage.

The House voted Thursday 19 to 17 to advance the GOP Health Care bill, with Democrats unanimously voting no.

Also, the legislation would give states the option to receive federal Medicaid funding as a block grant. It would essentially set in stone the reimbursement rate the feds now give to Illinois' Medicaid system. That ended up being the key reason Fitzpatrick couldn't support the proposed reform.

The numbers strongly suggest a majority of NY children have a significant stake in policy proposals that impact Medicaid and CHIP, Anderson said.

These changes to Medicaid would likely further reduce the number of people covered under the program. The Congressional Budget Office predicted the plan would cost 24 million people their health insurance.

Separately, lawmakers have been getting hammered over how the legislation would affect Americans in their 50s and early 60s who purchase plans on the individual market. His company found that despite the AHCA calling for higher insurance costs among older adults compared with millennials, state law does not permit any differential pricing of health care premiums based on age, Wu said.

This bill has as one of its centerpieces a tax-cut for investors that would primarily benefit people making over $250,000 a year.

Currently, 97 percent of NY children have health insurance, the highest level in state history, Anderson said.

Subsidies based on income would be replaced by tax credits based on age.

This results, the CBO estimates, in 25 percent lower premium for a 21 year old, 8 to 10 percent lower for a 40 year old, and 25 percent higher for a 64 year old. The ACA allows her to afford coverage and still have income left over to provide for her 7-year-old son. "We have repeatedly heard statements pledging to 'not pull the rug out from under people.' The analysis by CBO and other organizations indicates otherwise in stark terms and on multiple levels". Rep. Mark Meadows (R-N.C.), chair of the House Freedom Caucus, said this week the group would have enough votes to sink the legislation, though they are working on crafting an amendment.