Democrats are claiming the Republican bill eliminates the Affordable Care Act or “Obamacare” as it is usually called. Republicans are claiming they are fulfilling their campaign promise to repeal the unpopular program. We investigated and discovered neither are telling the truth.
Watch the Friday, March 10 News Guardians Live and see our expose’ of what we found as our undercover insider on Capitol Hill, “Col. Flagg”, gives us the facts from inside the halls and back rooms of Congress.
While the US House has twice passed a repeal of the ACA or “Obamacare in recent years, the current Republican plan does not repeal or eliminate the Affordable Care Act from law.
Here it some of what it does do:
–Keeps the individual mandate to purchase insurance and creates a new penalty for not purchasing health care insurance in addition to it
-Insurance companies may not consider pre-existing conditions in the rates they charge, but additionally they are prohibited from offering lower rates to people with healthy behaviors like not smoking, drinking alcohol, eating a proper diet etc.
-Curtails the current expansion of medicare under the ACA after 2020, but incentivizes states to add people at an accelerated rate for the next 3 years
–Taxes health insurance plans if they are “too good”
–Creates what is considered to be a new entitlement program replacing subsidies paid to insurance companies with tax credits that will be paid to individuals even if they pay no income taxes
Watch the March 10 episode of News Guardians Live to lean more at this link
Download and read the text of the Repuiblican Bill at this link
Read the marketing summary Republican House leadership published at this link