• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Government

Obamacare Replacement Draft Legislation Leaked

Obamacare Replacement Draft Legislation Leaked
Chuck Muth
February 25, 2017

(Juliegrace Brukfe, The Daily Caller News Foundation) – A 105-page draft of the reconciliation bill, which will repeal and partially replace Obamacare, was leaked to the press Friday, showing Republicans plan to scale back Medicaid and eliminate penalties attached to the individual and employer mandates.

The discussion draft, leaked to Politico, calls for tax credits for individuals based on age, ranging between $2,000 and $4,000 — a shift from the Affordable Care Act (ACA), which bases subsidies on income.

States that opted to expand Medicaid during the Obama administration would gradually have the additional federal funds phased out until 2020. States would instead be provided a per capita cap, which would allocate money based on the number of those enrolled. Proponents argue it provides states with more flexibility while bringing down costs.

The bill aims to stabilize premiums while covering individuals with pre-existing conditions by providing “State Innovation Grants.” The grants would provide states a total of $100 billion — $15 billion in 2018 and 2019 and $10 billion through 2026 — to deal with a broad number of issues.

While the mandate is being eliminated, the proposal grants insurers the ability to increase premiums by 30 percent if there is an extended lapse in coverage.

The bill would completely eliminate federal funding for abortion providers — a huge win for pro-life lawmakers.

Under Obamacare, premiums were capped at three times the cost of coverage for younger individuals; that would be upped five times under the new proposal.

Previously, those in individual health plans before Obamacare would eventually have to switch from their old plans onto a new exchange plan. The proposal includes language allowing insurers to offer grandfathered plans to permit people to keep their current plans.

To fund the changes, a tax would be imposed on high-end, employer-sponsored plans that fall in the 90th percentile of premiums. The provision will likely be controversial with conservatives, who were highly critical of the ACA’s “Cadillac tax.”

The bill is expected to be introduced shortly after Congress returns from recess.

 

Content originally published at The Daily Caller.

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

Prev postNext post

Related ItemsgovernmentHealth
Government
February 25, 2017
Chuck Muth

Related ItemsgovernmentHealth

More in Government

Stone: The Truth About AB 250: Will Patients Really Benefit?

NN&V StaffMay 26, 2023
Read More

Amodei vs. Biden: Debunking Misinformation on Debt and Border Policies

NN&V StaffMay 23, 2023
Read More

Quarter-Million Dollar Ad Campaign Targets Nevada Legislators for Trapping Hispanic Families in Unsafe Schools

NN&V StaffMay 22, 2023
Read More

Lombardo’s Veto Message on AB354 (Gun Control)

NN&V StaffMay 17, 2023
Read More

Lombardo’s Veto Message on AB355 (Gun Control)

NN&V StaffMay 17, 2023
Read More

Lombardo’s Veto Message on SB171 (Gun Control)

NN&V StaffMay 17, 2023
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Muth’s Truths Opinion Government Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2023 Citizen Outreach | Maintained by VirtualAlly

Kevin Brady: Border Adjustment Won’t Hurt Small Businesses
Democrats’ Frightening Legislative Agenda a Nightmare for Nevada’s Businesses