Obama on Senate bill: It's 'not a health care bill'

Posted June 23, 2017

Senate Republicans finally revealed on Thursday the health care bill they have been working on in secret, which is created to replace the Affordable Care Act, known colloquially as Obamacare. The Senate plan also keeps protections for people with preexisting conditions, while the House bill would let states waive those.

"Because there are differences between the Senate and House bills, the House will either have to accept the Senate version or a conference committee will have to be formed in order to resolve the disagreements", explained Wendy Parmet, Matthews Distinguished University Professor of Law and director of the Center for Health Policy and Law at Northeastern. That includes a retroactive capital-gains tax and a tax break for the highest-paid health-care CEOs. In California, Medi-Cal covers almost 14 million, including half of the state's children and two-thirds of seniors in nursing homes.

"But right now, after eight years, the legislation rushed through the House and the Senate without public hearings or debate would do the opposite", Obama said. For Paul and the other three senators, the bill does not go far enough in cutting health care spending and dismantling the Affordable Care Act. It also repeals Obamacare taxes on health insurers and providers, as well as the investment income of wealthy Americans.

READ: Can You Stay On Your Parent's Health Insurance? And the Senate version would cut Medicaid (even more than the House bill) but over a longer period of time.

During an appearance on MSNBC's MTP Daily, Sen. Susan Collins (R-ME) explained that she just couldn't support a bill that would end up leaving more Americans without health coverage. And as under the A.C.A. but not the House plan, the tax credits will be adjusted for income and geography - which will benefit people in parts of the country with high premiums, especially rural areas.

The former president accused Republicans of forcing Americans "through that pain - while giving billionaires and corporations a large tax cut in return".

Allows for health plans with lower levels of coverage (58% actuarial value).

Republicans view the law, formally known as the Affordable Care Act, as a costly government intrusion into the private marketplace.

Rubio's office said the senator has already spoken with Florida Gov. Rick Scott, Senate President Joe Negron, R-Stuart, and House Speaker Richard Corcoran, R-Land-O'Lakes, and invited their staffs to Washington to suggest changes. Ron Johnson - are now withholding support for the bill until certain changes are made. If the four senators - Ted Cruz, R-Texas, Ron Johnson, R-Wis., Mike Lee, R- Utah, and Rand Paul, R-Ky. - join Democratic senators in opposing the bill, it will be defeated.