Health Care

Senate to finally unveil secret health care bill

Revising the ACA's mandates and eliminating its Medicaid funding would shrink the size of the coverage pool, which would drive up costs for insurance companies and hospitals, which would drive up premiums for patients, which would result in fewer people carrying insurance. Enough of them have voiced concerns to leave the bill's fate uncertain.

It faces uniform Democratic opposition.

"We don't know what the bill looks like because it's been written by 13 male Republicans behind a closed door", Senator Al Franken, D-Minnesota, told the crowd. The measure represents his attempt to satisfy GOP moderates and conservatives who've complained about the measure.

Senate GOP leaders on Thursday finally released their secret health-care reform bill, which would repeal Obamacare taxes, restructures subsidies to insurance customers that are based on their incomes, and phase out Medicaid's expansion program.

An exact reason for the secretive meetings or discussions between Senate Republicans, led by Majority Leader and Kentucky Senator Mitch McConnell, has not been fully explained, but one nonprofit group alleged one motive: political campaign contributions.

Senate Republicans expressed skepticism Wednesday about a Washington Post report purportedly detailing the contents of the upper chamber's bill to replace ObamaCare.

It would keep income-based tax credits and subsidies - which are now available under the ACA - unlike the House measure, which tied them to age.

The sources are describing the bill on condition of anonymity because they were not authorized to make the disclosures. Rob Portman, Maine Sen.

Johnson, R-Oshkosh, told CNN Wednesday morning that he has told Senate GOP leaders "I'm gonna need - and my constituents - time to evaluate exactly how this will affect them".

More news: Ireland hand first starts to Tracy and Treadwell

Following the official release of the discussion draft today, McConnell wants the bill voted on by the Senate's July 4th recess. That move could prompt states to reduce the size of their Medicaid programs.

"I wouldn't want to compare it to the House bill". Shelley Moore Capito, Ohio Sen.

The bill allows states to opt out of some restrictions imposed under Obamacare. Unlimited federal dollars now flow to each state for Medicaid, covering all eligible beneficiaries and services. The House Budget Committee hopes to mark up such a measure before June 30, panel members said. Many Republicans have long fought that organization because it provides abortions.

Schumer greets the press outside Senate GOP health care meeting. The so-called individual mandate - aimed at keeping insurance markets solvent by prompting younger, healthier people to buy policies - has always been one of the GOP's favorite targets.

The bill would repeal, retroactive to the beginning of 2016, the Obamacare rule requiring most Americans to have some form of health-coverage or pay a tax penalty fine.

Rauen said the secret drafting of the Senate bill is frustrating and he's anxious about losing coverage for a preexisting condition he has.

McConnell said earlier this week that a draft would be ready within days and that a vote could come as early as Thursday.

Some Republicans who could defect and oppose the bill include Texas Sen.

Like this



22 June 2017
Trump disputes Russian interference in 2016 election
Johnson was pressed during Wednesday's hearing about why more was not done to combat Russian meddling efforts. And Trump continues to claim that it might not have been the Russians at all, it could have been anyone.

22 June 2017
Iran: Production cuts hard for OPEC members
Iran and Saudi Arabia are historic rivals and Zangeneh said competition among member states was fierce. USA producers, meanwhile, can now be profitable at lower prices than before the collapse.

22 June 2017
Dash cam video showing Philando Castile killing released
The Facebook video, which did not include the shooting, was shown in court. "No, no, no", Terrill said after viewing the video. In November, Yanez was charged with second-degree manslaughter and two felony counts for intentionally discharging a gun.

22 June 2017
Tesla reaches agreement with Shanghai to explore production
Winslow Evans Crocker owns 0% invested in Tesla Inc (NASDAQ:TSLA) for 220 shares. (NASDAQ:TSLA) opened at 376.40 on Thursday. The Silicon Valley auto maker reiterated Thursday it plans to clearly define its production plans for China by year's end.

22 June 2017
The Boston Advisors LLC Purchases 186807 Shares of Verizon Communications Inc. (VZ)
Verizon Communications Inc (NYSE:VZ) now has a trailing P/E of 15.19 while its forward P/E according to Thomson Reuters is 11.92. Want to see what other hedge funds are holding VZ? Bbva Compass Bancorporation holds 66,747 shares. (NYSE:VZ) for 60,294 shares.

22 June 2017
Louis Vuitton One-Upped the Supreme Collab by Partnering With Drake
The hip-hop heavyweight has teamed up with Louis Vuitton for a new collaborative effort called "Signs". If his " More Life " playlist is anything to go by, fans will be in for a treat with his new track.

22 June 2017
Jury Still Deliberating On Verdict In Bill Cosby Trial
Constand described could have been caused by Benadryl or Quaaludes. "Simply, you're exhausted, and I respect that", O'Neill said. The jury began deliberating Cosby's fate late on Monday afternoon following a six-day trial in Norristown , Pennsylvania.

22 June 2017
Here's what time the NBA Draft starts and where to watch it
But, if the Sixers don't take Washington guard Markelle Fultz , it will be a bigger shocker than the deal itself. Ball hosted a second workout for the Lakers on Friday. "They said they love my dad and left it at that".

22 June 2017
Expansion draft roundup: Vegas' roster begins to take shape
Over his previous three seasons before the 2016-17 season, he had 110 points. This shouldn't come as much of a surprise. Vegas is banking on Eakin rebounding.

22 June 2017
Based Luxury marketplace Farfetch scores $397Mn from China's
Over the last two years, has hosted fashion shows in New York, Milan, London, Beijing and Shanghai. As a result of the deal, Richard Liu,'s founder and CEO will join Farfetch's board.