Obamacare Will be Repealed and Replaced by the End of July

Folks just I expected, the new revised bill is keeping the taxes on the wealthy and includes the Cruz amendment! Warning, don’t listen to Rand Paul! This is about as good as it will get! Susan Collins may have a more difficult time complaining. I still believe she will vote NO because her messiah would have nothing left from his legacy. She is a DEMOCRAT! Thankfully she is seriously thinking of running for Governor of Maine in 18′.

I am going on record that this revised bill WILL PASS with 53 votes! (you may think I have been drinking since I said we lost 2 Republicans). Joe Manchin of WV, Heidi Heitkamp of ND and Joe Donnelly of IN will vote yes because at that point we will have the 50 Republican Senators needed.

I copied more than usual from the article because I wanted you to get all the changes from the first bill!

https://finance.yahoo.com/news/revised-health-care-measure-unveiled-153308200.html

From the article linked above:

Senate Republican leaders presented a revised health-care plan to their party Thursday that would provide an added $70 billion to stabilize insurance exchanges over a decade in an effort to win over holdouts.

The change comes on top of $112 billion provided for the same purpose in an earlier measure by Senate Majority Leader Mitch McConnell, who is hoping the modified bill will revive prospects for their embattled Obamacare repeal effort, which stalled about two weeks ago.

The new measure discards earlier plans to repeal three Obamacare taxes on the wealthy, according to the summary. That move effectively freed up about $230 billion in cash to bolster health expenditures.

The revised bill also includes a provision that would allow people for the first time to use health savings accounts to pay insurance premiums, according to the document.

The revised draft would allow people earning up to 400 percent of the poverty level to receive subsidies, a boost from the 350 percent in McConnell’s original bill. But it would keep a skimpier benchmark for subsidies than the Affordable Care Act’s silver plan, which would result in higher out-of-pocket expenses.

The new plan would also allow people to purchase a high-deductible catastrophic plan with federal tax credits, and include a provision prohibiting abortion coverage except in cases of rape or incest or to save the life of the mother in plans eligible for tax credits.

The revised bill includes a federal fund that would pay health insurers to cover costs of sicker people seeking individual coverage on the insurance exchanges.

To qualify for the funds, insurers would have to meet minimum coverage standards in the exchange, while also offering coverage off the exchange that meets state requirements. Those buying state-governed plans wouldn’t be allowed to use federal tax credits to buy their coverage but could tap tax-advantaged health savings accounts to cover the costs.

The bill changes the calculation for determining Medicaid payments to hospitals to assist with uncompensated care that is expected to more accurately allot the funds based on a state’s uninsured population instead of Medicaid enrollment as the original legislation did. Senator Marco Rubio, a Florida Republican, tweeted Wednesday that one of his priorities for changing the bill involved increasing those funds for hospitals in his state.

Republican leaders included a version of an amendment proposed by Republican Senator Ted Cruz of Texas and GOP Senator Mike Lee of Utah.

Cruz and Lee want to allow insurers to offer cheap, bare-bones plans alongside those that meet the more comprehensive coverage requirements of Obamacare.

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