Hey ya gotta vote on it to see what’s inside, right? I mean after all the GOP’s health plan was locked in a secret location inside the Capitol building and anyone wanting to view it had to leave any electronic device and writing materials outside the room, kinda like how the TPP bill was layout. Shh! There’s only one rule for the GOP healthcare plan, we don’t talk about the GOP healthcare plan – PB/TK
After Six Years of Complaining, GOP Releases a Health Plan With Unknown Cost and Coverage Numbers – By Elliot Hannon
After years of vowing to repeal—and then to repeal and (reluctantly) replace—former President Barack Obama’s signature health care law, House Republicans unveiled their own plan Monday. The GOP version of Obamacare gets rid of the individual mandate requiring individuals to have health insurance, but keeps popular provisions that disallow insurers from denying coverage based on pre-existing conditions and allow young adults up to the age of 26 to stay on their parents’ health plans.
The Republican plan aims to replace the individual mandate with a series of incentives to coax individuals to sign up for coverage rather than being penalized for failing to sign up, as is the case under Obamacare. The reasoning behind the individual mandate, and the Republican alternative, is to increase the coverage pool and to include younger, healthier individuals in the coverage scheme.
“Republicans hope to undo major parts of President Barack Obama’s signature domestic achievement, including income-based tax credits that help millions of Americans afford insurance, taxes on people with high incomes and the penalty for people who do not buy health coverage,” according to the New York Times. “Under the Republican plan, the income-based tax credits would be replaced with credits that would rise with age. In a late change, the plan was also expected to include language limiting who is eligible for the tax credits, so that affluent Americans would not receive them.” There are concerns, however, that without income-based tax credits the cost of coverage will quickly exceed what lower- and middle-income families can afford.
