Obamacare

How Obamacare Made The Gop Embrace ‘government Health Care

... them with a full repeal risks causing all kinds of heartache and backlash. Rep. Greg Walden (R-Ore.) made that case in selling the bill Tuesday: "What we're trying to do is what we pledged to do, which is not pull the rug out from anybody.". That rug was planted firmly beneath everyone by Democrats when they passed the Affordable Care Act. And no matter how much of an electoral price Democrats paid for it in 2010 and 2014, its implementation made installing a GOP alternative infinitely more difficult. As I've often said, it's much tougher to defeat a new entitlement than to get rid of it once people have become used to it. Hence the term "entitlement." People believe they are entitled to it. Democrats' greatest trick in all of this has been to make the party that denounced Obamacare for being "government-run health care" into the party that is now seeking its own ...

Obamacare Repeal Bill Would Defund Planned Parenthood

... Trump on “Saturday Night Live” are. 121 Shares. Armstrong Williams op-ed: Like. OPINION | Take the time to listen to those who may have been offended. In. 117 Shares. Top Intel Dem to press Comey on. “We should be able to determine in fairly short order whether this. 110 Shares. Approving bitcoin ETFs will lead. OPINION | It is certainly not in the public interest for the SEC to. 102 Shares. Report: Trump considering cuts to. The Trump administration is reportedly considering cutting funding to the. 101 Shares. WH: 'No recollection' that Trump. The White House said there is "no recollection" about who President Trump. 88 Shares. Justice Dept. to continue review. Sessions "committed to us that he would look into the Eric Garner case,". 85 Shares. Conservative media versus the GOP. Republicans in the House and Senate may be facing an opponent outside of. 83 Shares. Moulitsas: Biggest scandal in. OPINION | Last November, the nation voted for Hillary Clinton, yet thanks. 82 ...

Healthcare Etfs In Focus On Obamacare Replacement Plan

... the election. This is because Trump has prioritized healthcare reform over tax reform. Finally, House Republicans have released the long-awaited bill to repeal and replace Obama's signature healthcare law last evening. This will unwind much of the law over the next three years. The overall cost and number of Americans to be covered under the proposed Republican plan is still unclear. Also, the fate of the bill is uncertain. The bill requires passage by the House of Representatives and Senate before it goes to Trump for his signature. Inside The Proposed Bill. First, the bill calls for replacing income-based tax credits with refundable age-based tax credits for affordable insurance. Second, it would stop Medicaid expansion, the insurance program for the poor, starting from January 1, 2020, and cap Medicaid funding after that date. Medicaid will be converted from an open-ended entitlement to a per-capita system, where states are given a set amount for the ...

3 Stocks To Buy As Obamacare Collapses

... are lowered. Removal of the Obamacare requirement that all health plans provide minimum benefits could also enable United Health to improve its bottom line. Some of the benefits required under Obamacare increased costs for the insurer. The ability to tailor benefits for specific customer needs should be a positive for the company. United Health's real growth engine isn't its insurance business, though. The company's Optum business segment provides pharmacy benefits management services, along with technology and consulting services to the healthcare industry. Regardless of what happens with Obamacare, Optum seems likely to continue to perform well. Molina Healthcare: Think long term. Molina Healthcare might seem like a crazy pick related to a potential repeal of Obamacare. The company not only participates in the Obamacare exchanges, but also prospered under the Medicaid expansion funded by the healthcare act. Unlike Health Equity and United Health Group, Molina's stock has suffered due to the real possibility of Obamacare going away. In the short term, ...

House Gop Unveils Legislation To Repeal Obamacare And Expand Medicaid

... would give Americans the flexibility to make their own healthcare choices, free of Obamacare's mandate that people buy health insurance and the law's taxes, including a surtax on investment income earned by upper-income Americans. "Our legislation transfers power from Washington back to the American people," House Ways and Means Chairman Kevin Brady said in a statement. Senate Democratic Leader Chuck Schumer said in a statement, however, that "Trumpcare doesn’t replace the Affordable Care Act, it forces millions of Americans to pay more for less care.". "Paying for all this is going to be a big issue," said Joe Antos of the American Enterprise Institute think tank. "It's possible that CBO (the Congressional Budget Office) is going to say the Medicaid reductions aren't enough to offset the revenue losses from repealing all the taxes.". A hospital group voiced disappointment that lawmakers ...

Repeals Parts Of Obamacare, Retains Some Subsidies

... Susan Davis, who's in the studio. Sue, good morning. SUSAN DAVIS, BYLINE: Good morning, David. GREENE: So what are the key parts of this Republican plan. DAVIS: So the legislation is called the American Health Care Act. But Democrats are already calling it Trumpcare. The core of the bill repeals the mandate that tells individuals they have to buy insurance and phases out all of the taxidies (ph) and subsidies in Obamacare and eventually replaces it with a system of refundable tax credits that you'll get based on your income and your age. The federal government would no longer penalize you if you don't have health insurance, but it would let your insurer impose higher penalties on you if you let your coverage lapse when you go back to sign back up for it. So there is still a bit of an incentive to encourage people to have health insurance. It just rewards insurers and not the government. And it also keeps in place some of Obamacare's most popular provisions. It keeps the provisions that require coverage protections for pre-existing conditions. And it would still let parents ...

Gop Governor ‘discouraged’ By Obamacare Plan

... are introducing,” he told the “George Hale and Ric Tyler Show” on WMOV radio in Maine, as first reported by CNN. “Basically, it’s not much better than — in fact, I don’t know,” Le Page added. "They haven’t scored it yet, so we don’t know what the cost is.”. “But based on what I see and I’m reading and what has happened here in Maine over the last 15 years, I don’t think it’s an improvement.”. Le Page added the House GOP’s Obama Care strategy would likely hurt his state’s citizens. “Being Maine and being the oldest state in the union, we are. not in a good place with what’s on the table right now,” he said. “I think what they need to do is rethink what they’re doing,” Le Page added of House Republicans. "Because we’ve already lived it.”. “We’ve lived through Obama Care. We’ve learned some lessons, and they ought to be watching and listening and using the data that we have.”. House Republicans on Monday unveiled their long-awaited legislation for repealing and replacing Obama Care. The two bills are scheduled for votes in the Energy and Commerce and Ways and Means committees Wednesday. The two committees will be working on the bills even though the Congressional Budget Office ...

Freedom Caucus Chair Questions If Obamacare Replacement Will Lower Costs

... place a new system centered on a tax credit to help people buy insurance instead. The tax credit under the GOP’s plan ranges from $2,000 to $4,000 annually per individual, increasing with the person’s age. The system would provide less financial assistance for low-income and older people than Obama Care, but it could provide more assistance to younger people and those with higher incomes. Republicans acknowledge their plan covers fewer people than Obama Care, arguing that unlike that healthcare law they would not force people into buying health coverage through a mandate. House Freedom Caucus conservatives like Meadows, who was joined by Rep. Louie Gohmert. Louie Gohmert Freedom Caucus chair questions if Obama Care replacement will lower costs Giffords's husband to GOP rep: Don't 'hide behind' my wife's shooting to avoid town halls Giffords to lawmakers avoiding town halls: 'Have ...

Gop's Obamacare Replacement Plan Would Lower Taxes For The Rich

... that nearly everyone in the Top 1% who earn more than $774,000 a year, would enjoy a hefty tax cut, averaging $33,000, according to a report published in December by the non-partisan Tax Policy Center. Those in the Top 0.1% would get an average tax cut of about $197,000. The bill also contains other benefits for those with money. It would allow folks to contribute more to Health Savings Accounts, which are primarily used by better-off Americans who can afford to sock money away for health care expenses. The bill would increase the limit to cover the deductible and out-of-pocket expenses allowed under high deductible plans. For individual coverage, this would be $6,550 for individuals and $13,100 for families beginning in 2018. The current limit is $3,400 for an individual and $6,750 for a family. Also, the Republicans would enable people higher on the income scale to claim the tax credit to help pay their ...

Wh Praises House Obamacare Repeal Bill

... cannot support The American Health Care Act in its current form,". 521 Shares. Right revolts on Obama Care bill Conservatives in the House openly rebelled Tuesday against legislation. 484 Shares. Dan Rather: Trump administration ‘. "This Administration has been an off kilter whirlwind since the. 350 Shares. GOP hits the gas on Obama Care. The measures dismantle the core aspects of Obama Care. 178 Shares. Conservative groups blast GOP. Outside conservative groups on Tuesday blasted House Republicans’ newly. 139 Shares. Alec Baldwin: I likely won’t play. Alec Baldwin says his days as President Trump on “Saturday Night Live” are. 121 Shares. Armstrong Williams op-ed: Like. OPINION | Take the time to listen to those who may have been offended. In. 117 Shares. Top Intel Dem to press Comey on. “We should be able to determine in fairly short order whether this. 110 Shares. Approving bitcoin ETFs will lead. OPINION | It is certainly not in the public interest for the SEC to. 102 Shares. Report: Trump considering cuts to. The Trump administration is reportedly considering cutting funding to the. 101 Shares. WH: 'No recollection' that Trump. The White House said ...