Instead of Obamacare: New Republican Bill Introduces Cheaper Plans

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Republicans on Thursday, 13 July, announced their new version of the bill on health care and continue to search for the majority of votes needed for cancellation and replacement Obamacare.

The new version includes an amendment proposed by Texas Senator Ted Cruz, which will allow insurers providing plans Obamacare, offer also cheap insurance options with fewer benefits. It should be noted that in the plan there are two taxes Obamacare on the rich and significantly curtailed program Medicaid which may lead to a decrease in the number of insured people by at least 2026 million people by the year of 15.

Majority leader Mitch McConnell is looking for the missing 50 votes, and the Republicans are hoping that they will be able to cancel and replace Obamacare after seven years of promises. This path will not be easy and fast. So, Senator Rand Paul, a Kentucky conservative, said he would oppose a key procedural vote next week. Senator Susan Collins, a moderate liberal from the state of Maine, also expressed doubts that she could support the bill if it was not completely revised.

Senators, who support Republicans, basically answered to the CCN question that they had not yet become acquainted with the revised bill.

President Donald Trump said Wednesday, 12 July, that he "will be very angry" if Republicans are unable to pass the bill.

What's new?

The revised bill added $45 billion in funding for opioid addiction treatment. This was the main demand of Senators Rob Portman of Ohio and Shelley Moore Capito of West Virginia. In addition, it is planned to put $70 billion into the government stabilization fund - these funds will help reduce monthly insurance payments for those who will need to pay large amounts for insurance.

Also, the senators are worried about the fact that the bill contains too drastic cuts in funding. Medicaid. It is about reducing the cost of the program. Medicaid to 2026 year on $ 772 billion.

Despite the key promise of the Republican Party, the bill retained two taxes on the rich. CCN sources said that tax money would help increase the state stabilization fund.

Graham's Plan

In addition, on Thursday, Republican Senators Lindsey Graham from South Carolina and Bill Cassidy from Louisiana offered their alternatives on how to replace Obamaсare. Their idea is that a significant portion of federal taxes must be sent to the states that will control their distribution. Senators said it’s hard for Republicans to come to a common opinion because they work with the pattern ObamacareIn particular, federal control of health insurance.

Cruise Amendment

The amendment proposed by Texas Senator Ted Cruz will allow insurers to sell low-cost plans with fewer benefits that are likely to attract younger and healthier Americans. However, this may result in patients who need expensive treatment to stay on Obamacare, and their monthly payments increase substantially. Insurers, meanwhile, said the Cruise amendment would destabilize the individual market.

Recall that in March the House of Representatives of the US Congress postponed vote on the abolition bill Obamacare and replacing it with another health insurance program - American health care act. The reason was the low level of support for the document, which would not have collected the necessary number of votes.

“The Law on Accessible Medicine and Patient Protection,” which is called Obamacare, was adopted in 2010 by the American Democrats without a single republican vote.

With the passing of the law, the Barack Obama administration hoped to extend health insurance to 32 for a million Americans who do not have it.

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