New bill to repeal, replace Obamacare titled 'World's Greatest Healthcare Plan'

New bill to repeal, replace Obamacare titled 'World's Greatest Healthcare Plan'

Sen. Tom Cotton (R-AR) on Thursday warned House Republicans that their bill to replace ObamaCare won't pass in the Republican-controlled Senate in its current state. "And it's a lot cheaper to remodel a house than it is to tear it down and rebuild it back up again". On Thursday, two key House committees approved the legislation, which would undo the Affordable Care Act and replace it with a more modest system of tax credits and a rollback of Mr Obama's Medicaid expansion.

"It's a conservative bill, the more they learn about it the more likely they're going to be a part of it", McCarthy told The Daily Caller News Foundation. Senate Majority Leader Mitch McConnell has already said that he will bring a House-passed bill directly to the Senate floor, bypassing the traditional committee evaluation process, to expedite passage.

The governor called on Democrats and Republicans alike to fight the proposal.

So the issue is far from over.

Damn, Republicans want all those people who work hard for a living but still can't afford health insurance to suffer. If that drives young people - who, on average, are healthy but don't have a lot of money - out of the market, it could hasten the exchanges' collapse.

"It repeals all the taxes, all the mandates, all the penalties, all the subsidies". You also will have to pay the surcharge if you have not had health insurance previously as an adult.

But it's not necessarily an even swap.

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Unfortunately for the president, the draft legislation he is pushing is disliked by just about everyone in Washington, with the exception of House Speaker Paul Ryan, who is practically delirious with excitement. There's a concern that the exchanges may collapse if more insurers leave.

This change, say analysts, could result in millions of people losing coverage.

The healthcare bill has been met with intense criticism from numerous groups representing doctors and hospitals, as well as the American Medical Association, advocacy group AARP and an internal organization from the American Cancer Society.

"Seven years ago this month, Obamacare was signed into law over the profound objections of American people". Under the ACA, this was capped at three times. It would also cap the federal monies available to the states for Medicaid based on a state's Medicaid population.

This is especially true for seniors in rural areas. The new bill repeals this mandate, but proposes a "continuous coverage incentive", instead.

He said Republicans could have allowed that to play out, which would have meant devastating changes to health insurance across the board. That's despite Trump's promise of "insurance for everybody".