“This is yet another failing report card for the Exchanges. The American people have fewer insurance choices and in some counties no choice at all. CMS is working with state departments of insurance and issuers to find ways to provide relief and help restore access to healthcare plans, but our actions are by no means a long-term solution to the problems we’re seeing with the Insurance Exchanges,” said CMS Administrator Seema Verma.
We have analyzed the American Health Care Act, and as currently structured, it would greatly increase the ranks of the uninsured and increase costs for millions more. We will continue our work to both assess the potential impacts of new policies and focus on assuring that we administer the law that exists today.
“Today’s Republican House vote will rob 24 million Americans of health care coverage, which is tantamount to a death sentence for some patients who depend on coverage to manage serious and chronic medical conditions. The President and House Republicans have nothing to be proud of today as they work to take health care coverage away from millions of Americans who will be harmed by their actions.
the AHCA as currently drafted is flawed as well. The tax credits it provides do not vary based on either a person’s income or the cost of care where they live. There is no help with deductibles and co-pays for those with lower incomes. Millions of people, particularly older Americans, would not be able to afford health insurance or to get care when they need it. In addition, the recent amendments could return us to a time when people who were born with a birth defect or who became sick could not purchase or afford insurance, and when benefits were not there when people needed them the most.
The misnamed “market stabilization” rules sabotage the Affordable Care Act by significantly reducing the open enrollment time period and creating other conflicts with state laws. Like President Trump’s threats to eliminate the cost-sharing subsidies, his new regulations will destabilize, rather than strengthen, the health insurance market.
The newly proposed amendments magnify the House GOP bill’s flaws by removing essential health benefits from health insurance coverage. After years of rallying against Obamacare and promising to repeal it, the GOP has concocted a proposal that is shortsighted, ill-conceived and dangerous to the health of people who need health insurance coverage and already have it today thanks to the Affordable Care Act.
According to House Republicans, apparently one of the major flaws of their bill is that it does not give massive tax breaks to the wealthy early enough. Accordingly, their amendment accelerates tax giveaways to the wealthy by a year. Most of the remaining amendments represent the GOP’s continued attack on Medicaid, the safety net that Americans have relied on for the past half-century.
Covered California released a new analysis on Monday, March 20th, that goes into greater detail regarding how consumers could be impacted by the changes in financial assistance proposed under the American Health Care Act (AHCA).
Covered California released a new comprehensive analysis on Tuesday detailing the financial assistance available through the Affordable Care Act as well as a preliminary analysis of how changes proposed in federal law would affect enrollees.