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Senate Health Bill Would Repeal Device Tax

Senate Health Bill Would Repeal Device Tax”

Top Senate Democrat Chuck Schumer blasted the new bill as "heartless", warning it would eventually cut Medicaid even more steeply than the House legislation, which slashes it by $800 billion over a decade. Those with private insurance will experience higher premiums and higher deductibles, with lower tax credits for working families, even though their plans might not cover pregnancy, mental health care or even expensive prescriptions, he warned. "And small tweaks over the course of the next couple weeks, under the guise of making these bills easier to stomach, can not change the fundamental meanness at the core of this legislation".

At the same time, McConnell, R-Ky., has said he wants to have a vote on the bill by late next week, before Congress' Fourth of July recess. "Because Obamacare is a direct attack on the middle class, and American families deserve better than its failing status quo".

At least a half-dozen GOP senators - conservatives as well as moderates - have complained about the proposal, the secrecy with which McConnell drafted it and the speed with which he'd like to whisk it to passage.

McConnell must navigate a narrow route in which defections by just three of the 52 Republican senators would doom the legislation.

Democrats gathered on the Senate floor and defended Mr Obama's 2010 overhaul. It's about the character of our country - who we are, and who we aspire to be.

The Senate bill, unveiled today, is not a health care bill.

"Currently, for a variety of reasons, we are not ready to vote for this bill, but we are open to negotiation and obtaining more information before it is brought to the floor", the joint statement said.

The Senate proposal is broadly similar to the bill passed by House Republicans last month, with a few notable differences. Trump has since called it "mean", despite celebrating it at the Rose Garden with House Republicans.

At the White House on Thursday, Trump expressed hope for quick action. On Facebook, Obama said at the heart of the bill was "fundamental meanness". Those additional funds would continue through 2020, then gradually fall and disappear entirely in 2024. He ends his message while urging people to let their representatives know what they think of the bill. Some from states that have expanded the program have battled to prolong the phase-out, while conservative Republicans have sought to halt the funds quickly.

The Association of American Medical Colleges says the Senate plan would leave millions of people without health coverage, and others with only bare-bones insurance plans. Unlimited federal dollars now flow to each state for the program, covering all eligible beneficiaries and services. And they pay for those tax cuts by trimming how much the federal government's going to pay to the Medicaid program, which is a program that primarily benefits pregnant women, the disabled and the elderly.

The nonpartisan Congressional Budget Office has yet score the bill, but by some estimates as many as 11 million people who gained coverage under the Medicaid expansion would be booted from the rolls under the Senate plan.

The Senate also backs away from some last minute House concessions to conservatives that would have allowed states to opt out of several protections for those with pre-existing conditions, but insurers would not be allowed to charge higher premiums to those with pre-existing conditions.

Neither the House nor the Senate bill fully dismantles the scaffolding of Obamacare; rather, they allow the states to do most of the dirty work. Specifically, the Republican bill would repeal the 3.8 percent tax on investment income and the 0.9 percent tax on annual income for households making over $250,000.

For the next two years, it would also provide money that insurers use to help lower out-of-pocket costs for millions of lower income people. They didn't do this in order to lower your premiums and increase your benefits.



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