House Republicans release long-awaited plan to replace Obamacare

Washington Post

6 March 2017 - House Republicans on Monday released long-anticipated legislation to supplant the Affordable Care Act with a more conservative vision for the nation’s health care system, replacing federal insurance subsidies with a new form of individual tax credits and grants to help states shape their own policies.

Under two bills drafted by separate House committees, the government would no longer penalise Americans for failing to have health insurance but would try to encourage people to maintain coverage by allowing insurers to impose a surcharge of 30 percent for those who have a gap between health plans.

The legislation would preserve two of the most popular features of the 2010 health-care law, letting young adults stay on their parents’ health plans until age 26 and forbidding insurers to deny coverage or charge more to people with preexisting medical problems. It would also target Planned Parenthood, rendering the women’s health organisation ineligible for Medicaid reimbursements or federal family planning grants — a key priority for antiabortion groups.

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Michael Wonder

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Michael Wonder