That criticism comes as senators gear up to debate the bill in the coming days. It called the version passed by the House last month "a categorical failure" and said the Senate version is "equally troubling". Elizabeth Warren, D-Mass., didn't mince words when she ripped into the bill on the Senate floor earlier Thursday.
Rob Broomfield, the CEO of UnitedHealthcare's individual and employer-based insurance business in Kansas, Nebraska and Iowa, said even with that penalty - $695 or 2.5 percent of annual income, whichever is higher - the ACA individual market health insurance exchanges aren't drawing enough healthy people to balance out the chronically ill people that insurers were forced to cover. The CBO estimates that the Senate bill would account for a reduction in Medicaid spending of more than $800 billion over the course of a decade. The proposed Senate bill would eliminate taxes on the wealthy.
In theory there is nothing in the Senate bill to prevent people from foregoing health insurance when they are healthy and only buying it when they get sick.
Obama law: Provides two kinds of subsidies for people who don't have access to coverage on the job.
Senate GOP bill: Also provides a pathway for states to seek benefit waivers. That's because they're keyed to the cost of a bare-bones plan, and because additional help now provided for deductibles and copayments would be discontinued.
Through the ACA, Obama notes, more than 90 percent of Americans have health insurance.
Obamacare helped young people get insured by allowing them to stay on their parents' insurance until they were 26.
ABC News also reported that as the GOP bill was being released Thursday morning there was a "large protest gathered outside McConnell's office, with people in wheelchairs staging a 'die-in, ' and protesters chanting that no changes be made to Medicaid".
What will they do about abortion? And because this administration and those who believe in it don't care about poor people (that includes poor white people who voted for this oligarch!), low-income people would pay higher prices for less coverage.
What will happen to Medicaid?
The Reform movement sharply criticized a Republican bill in the Senate that would repeal and replace major parts of the Affordable Care Act and make severe cuts to Medicaid.
"The Medicaid cuts are even more draconian that the House bill was, though they take effect more gradually than the House bill did", Pearson says.
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