Senate Republicans have released their long and eagerly awaited healthcare bill that is expected to dismantle much of Obamacare on Thursday. The bill released proposes to cut medicaid for poor Americans while doing away with the taxes Obamacare imposed on wealthy people and health companies in order to help finance coverage expansion.
Of course, nobody who know how Republicans work is surprised that this is what it comes down to. I think the reason people eagerly awaited the release of this bill is so they can find out how draconian it will turn out to be, and nobody is disappointed.
What the Republicans did with the proposed bill is basically take back all the relief Obamacare offered to people to get them to sign up, and give them back to the rich and insurance companies.
So, the tax increases on the rich and companies is removed, and many poor people who the funds recovered from the tax increases went to help get health insurance, lose their insurance.
The money provided by Obamacare to states that expand medicaid coverage is withdrawn and people who got coverage through that lose their healthcare coverage.
The Senate bill would also reduce subsidies now provided to help people without workplace coverage get private health insurance.
The bill would allow states get waivers to ignore some coverage requirements under Obamacare. Now, insurers can dodge out of certain specific health services they’re required to cover now. The requirement to cover pre-existing conditions without higher premiums remain, but the subsidies given to cover that would be lower. The result could be that insurers will do everything possible to not lose money covering such conditions, meaning less coverage for people, one way or another.
Of course, it wouldn’t be a GOP healthcare bill if it doesn’t defund Planned Parenthood, so this bill would block federal payments to that organization.
Finally, like in every other thing the GOP have ever done to harm Americans, they have found a way to present this as them being helpful to us. The push this time is that they have done away with the evil individual mandate that has enslaved us since Obamacare became law.
So, there you have it in a nutshell. Taking help from the poor and giving it all to the rich, as is the modus operandi of the GOP continues. The Congressional Budget Office is yet to analyse the Senate bill, so we don’t yet know how many people will lose their healthcare coverage, but soon.