Atlanta, GA-The Senate Healthcare bill, also known as the Better Care Reconciliation Act, was unveiled last Thursday and since then it has come under fire from legislators on the right and left. The heated debate could end up delaying a vote on the bill, but if it doesn’t
Better Care Reconciliation Act
The BCRA has the support of the White House and most Republican Senators, but it has enough party opposition that passing the bill might be close to impossible. The more Conservative members of Senate don’t think the cuts to
Some of the key components of the BCRA include:
Block grants for Medicaid
States can opt out of ten essential benefits provided by Obamacare and can deny pre-existing conditions
$1 Trillion in tax cuts
Lowers income levels for subsidy recipients
Changes to Medicaid in the Senate Bill
The biggest criticisms of the Senate bill are the changes it makes to Medicaid and makes it possible for states to opt out of protecting residents with pre-existing conditions.
Senior Adviser to the White House Kelly Anne Conway told viewers on ABC’s This Week that the bill contains no cuts to Medicaid, but there are contradictory reports which say there will be dramatic changes to the program which helps the elderly, children and adult living at or below the poverty line.
While the Congressional Budget Office has yet to score the Senate bill- that is forthcoming this week—their score of the House’s legislation noted that it would reduce Medicaid spending by $880 billion. Most see that as a cut to Medicaid, but Conway said the administration sees it as bringing Medicaid to pre- American Healthcare Act (Obamacare) levels. To the millions of poor and elderly Americans who have benefited from Medicaid since Obamacare was enacted, the changes proposed by the Senate and President Trump are cuts that will benefit the wealthiest Americans.
The savings from Medicaid cuts will go to reduce taxes on medical devices, a repeal of a 3.8 percent tax on investments including capitals gains Individuals earning $200,000 and couples earning $250,000 or more would benefit the most from a repeal of the healthcare bill.
The bill’s Medicaid cuts could impact close to 720,000 Georgians, Bill Custer, business and health administration professor at Georgia State University told the Atlanta Journal-Constitution.
In a closed-door meeting, Trump described the bill as mean and encouraged Senators to put more heart in the bill. Perhaps that heart the President is seeking will be included in any drafts that emerge this week before Thursday’s vote.
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