House Republican leaders are pushing forward despite the resistance they have received on their newly released ACA repeal and replacement plan.
Their Obamacare replacement legislation was their first pitch attempt toward fulfilling what they guaranteed during their campaigns.
However, the party’s right and center have created numerous warnings that the latest legislature will not pass.
House members have serious concerns, reports Fox News, and the House conservatives have already made a plan to create their bill, which is a clean repeal.
The new legislation is standing along a minute difference between free market and safe practices. No one can anticipate how much these new plans will cost, or if current members can keep their coverage. However, several takeaways can be found in the plan released by Republican leaders.
7 Key Points Republications are Using in the American Health Care Act (AHCA)
- Americans will no longer be fined on their annual tax bill if they do not have insurance through the AHCA.
- There are tax credits for those who purchase insurance, including an advanceable tax credit that is based on family size, age, and more factors.
- Insurance companies are required to cover pre-existing conditions, but they can also charge more for those who are uninsured.
- Essential health benefits will be limited, and some policies will only go into effect for injury or illness.
- Adult children can remain on their parents’ plan until they reach 26 years.
- Medicaid will slowly reduce, but expansion will occur before the plan freezes in 2020.
- Taxes taken from the 2010 laws will be repealed, including taxes on prescription drugs and over-the-counter medications.
Republicans Remind the People that it is a “Work in Progress.”
While there are numerous criticisms about the AHCA, Republican majority tells the American people that it is a process and it is by no means completed. The plan is to phase out the first ACA in three phases.
Right now, the legislation that was released would address Phase 1 only. This would then be followed by regulatory changes and more legislation in Phase 2, and that would address all other goals of the repeal and replacement plan.
The house did state that their new plans are unlikely to lower insurance costs. However, they are promising that the deal will deliver more control and choice for individuals and families. This allows consumers to better pick which insurance policies work for them and their healthcare needs.
Overall, the AHCA is there to drive down costs and encourage competition among insurers. With better competition in the marketplace, Americans can then have access to better coverage that is still affordable.
Opposition Says Otherwise
While the Republicans boast about the benefits of their new plan, their opposition says otherwise. In fact, some state that the new GOP measure would reduce access to healthcare, and in some cases, people would have increased coverage costs. Also, there is the issue of how millions would lose coverage under this plan, but the GOP insists otherwise.