NY [U.S.], June 23 ANI: Former President Barack Obama on Thursday severely criticized the proposed GOP Senate health-care bill that dismantles the Affordable Care Act, also known as Obamacare by issuing a warning saying, "this bill will do you harm".
"They can choose to keep standing by as their failing law continues to collapse and hurt more Americans, but I hope they will join us instead to bring more relief to families who have struggled under Obamacare for far too long", McConnell said during his Senate remarks.
"I am fully and thoroughly reviewing the draft of the Republican health care plan that was released today". Even if they did, it is different enough from the House bill that there would be a fight with the other half of Congress over several key points.
"This is not a huge surprise", said Young, whose research and teaching interests focus on health law and healthcare management.
-Repeal a tax penalty for people who do not get health insurance, saving them $38 billion over the next decade. But that still will cause a "massive shift" of financial risk from the federal government to states, health care providers and patients. It's every bit as bad as the House bill.
The subsidies also make it so a person can not pay more than a certain percentage of their income on premiums. "Take a minute to think about what that means", she said.
Caroline Pearson, a senior vice president of the consulting firm Avalare Health, said the Senate subsidies would be smaller than Obama's because they're keyed to the cost of a bare-bones plan and because additional help now provided for deductibles and copayments would eventually be discontinued. Then, if he sticks to his timetable, Sen.
According to the experts, it wouldn't be surprising if the bill were to fail.
A number of other GOP senators have not committed to voting for the new healthcare bill unveiled by Republican leaders on Thursday morning.
The way Young sees it, McConnell's message to his party should be: "You're not all going to get what you want".
CAROLINE PEARSON: If you're paying, you know, a similar percentage of income, you're getting a less-generous product under this new plan. But they add that the measure fails to accomplish what they have promised to their constituents, "to repeal Obamacare and lower their health care costs". Starting in 2020, states would have a choice between accepting one large, capped block grant or accepting a predetermined funding per recipient.