Here’s What’s in the House GOP Health Care Bill
The Senate blocked a three-year extension of Affordable Care Act subsidies and Republican reforms to expand Health Savings Accounts and group plans across state lines.
- Last week, the U.S. Senate rejected two competing health-care bills, one extending enhanced ACA premium tax credits and the other offering HSA and association-plan reforms, with neither measure moving forward amid procedural hurdles requiring 60 votes.
- Republican lawmakers pushed HSA and association-plan reforms, with Curtis Dubay stating `Consumers should have the ability to choose how to meet their health insurance needs in a free market for insurance.`
- During open enrollment, Pennsylvania customers have Pennie, Pennsylvania's Obamacare marketplace, report that enrollees face an average premium increase of 102% and up to 150,000 could lose coverage.
- Barring an unlikely 11th-hour compromise, enhanced subsidies will expire at year-end, and open-enrollment data show terminations outpacing new enrollments among enrollees in the ACA marketplaces.
- The Government Accountability Office reported fraud in Marketplace enrollments, while a proposed HSA overhaul would raise contribution limits to $24,500, shifting medical and retirement savings.
12 Articles
12 Articles
Obamacare subsidies can’t fix a broken system. Rand Paul’s bill could.
The Senate failed to pass a three-year extension on tax credits for the Affordable Care Act. But the only thing keeping it at all "affordable" was a flood of taxpayer money to conceal its true expense.
The costs of health plans contracted through the Affordable Medical Care Act (ACA) will face significant increases starting in January due to the imminent expiration of improved tax credits that have reduced premiums since 2021. Following the failure in the Senate of two legislative proposals to extend these subsidies, about 22 million members will have to assume substantial increases in their policies. According to estimates by the health polic…
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