Senate GOP releases bill to cut Medicaid, alter 'Obamacare'

President Donald Trump hosts a working lunch with members of Congress including Alaska Sen. Lisa Murkowski

President Donald Trump hosts a working lunch with members of Congress including Alaska Sen. Lisa Murkowski

The bill takes away essential benefits, she said.

"The GOP health care plan says, 'Yes, we're going to make sure you can purchase a plan, but the plans we're going to make sure you can purchase are going to be very high-deductible plans, '" he said. The bill would also establish tax credits based on income rather than age, which was the proposal from the House, to help people afford insurance on the individual market, according to NBC News.

The budget, expected to be signed into law by Gov. Chris Sununu, cleared the House on a 198-169 vote shortly after the Senate approved the spending and revenue plan along a party-line vote of 14-9.

Pre-existing conditions: The Senate bill would require insurers to cover those with pre-existing conditions and charge everyone the same regardless of health history.

"We're dealing with reality and getting to 50". "Because Obamacare is a direct attack on the middle-class and Americans deserve better than the failing status quo".

"We live in the wealthiest country on earth".

Though Trump celebrated passage of the House version of the health care bill in May, he has since called it "mean" and said the Senate plan should have more "heart".

Four Republicans quickly came out in opposition-Ted Cruz, Mike Lee, Ron Johnson and Rand Paul.

US Senate Republicans have released a healthcare bill that aims to repeal and replace Obamacare, US Senator Mitch McConnell said on Thursday. Some from states that have expanded the program have battled to prolong the phase-out, while conservative Republicans have sought to halt the funds quickly. As I noted above, our organization supports full repeal of the Affordable Care Act and a return to the 10th Amendment principles of federalism, which the ACA has violated for more than seven years.

Obama was more than skeptical.

The bill is an attempt to strike a compromise between the ACA and a measure passed by the GOP-controlled House in May. President Donald Trump recently called the measure "mean" and has since been asking for a more compassionate Senate bill. Senators expect that analysis to be done as early as Friday or perhaps Monday. The heads of 10 managed care organizations penned a letter to McConnell and Schumer this week saying they were "united in our opposition to the Medicaid policies now being debated by the Senate". This includes Medicaid, which now covers almost 1.8 million American veterans.

A draft circulating late Wednesday showed the Senate legislation would still make major changes to the nation's health care system, drastically cut back on federal support of Medicaid, and eliminate Obamacare's taxes on the wealthy, insurers and others. Those additional funds would continue through 2020, then gradually fall and disappear entirely in 2024. That's a fundamental change; now the program is "open-ended", meaning funding increases as need increases. Some moderates oppose the Medicaid cuts while conservatives oppose the subsidies which help people buy insurance.

The Senate bill would phase out the Medicaid expansion, which covered millions of low-income, childless Americans, beginning in 2021. If this bill becomes law, it will raise costs for thousands of Virginians, particularly those who need health care the most like seniors and individuals with disabilities. That law extended the program to some low-income Americans above the poverty level.

Conservatives, and the health-care industry at large, will also be pleased that the draft proposes repealing all of Obamacare's taxes except for its so-called "Cadillac tax" on high-cost health plans in language similar to the House version.

McConnell has defended the secretive process of drafting the bill, in which few people besides him and some top-level Republican aides have been aware of the contents.

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