Here's a first take on the just-released draft of the bill. (Note: The current draft could still change significantly before the final version hits the floor.)
This is far from a free market healthcare plan. It continues to keep government heavily involved in healthcare. Remarkably, it even keeps Obamacare's subsidies.
On the plus side, it eliminates the individual mandate.
Return to this post for updates,
- RW
UPDATE 1
The full text of the bill is here.
UPDATE 2
More details (via CNBC)
The bill would repeal, retroactive to the beginning of 2016, the Obamacare rule requiring most Americans to have some form of health-coverage or pay a tax penalty fine.
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The bill also would continue for at least two years to offer reimbursements to health insurance companies for subsidies that reduce out-of-pocket costs for low income customers of Obamacare plans.
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UPDATE 3
Via CNBC:
On Thursday, about an hour after the bill was posted online, NBC's Chuck Todd tweeted that a group of a conservative Republican senators were meeting, and that there are at least three GOP senators, and possibly more, who plan to announce later today that they will oppose the bill.
If that number proves to be accurate, it could be a death blow to the bill.\
Sen. Rand Paul, R-Tenn., told NBC that he and several other members of the GOP caucus would be making a statement on the bill later Thursday.
"It looks like we're keeping Obamacare, not repealing," said Paul, who declined to say whether that meant he would vote against the bill.
Remember when we were told that getting the presidency and the legislator would spell the end of socialist medicine? Looking forward to the excuses if the bill continues in its current state
ReplyDeletePaul is a Senator from Kentucky
ReplyDeleteIt's CNBC. Fact checking isn't their strength.
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