A side-by-side comparison of Obamacare and the GOP's replacement plan

634134700-speaker-of-the-house-paul-ryan-departs-a-press

634134700-speaker-of-the-house-paul-ryan-departs-a-press

As House Speaker Paul Ryan tries to rally his party around the legislation, Senator Tom Cotton (R-Ark.) is urging his fellow Republicans in the House to slow down and get it right. It eliminates the employer mandate requiring companies with 50 or more employees to offer health insurance.

Obamacare prohibits health plans from putting annual or lifetime dollar limits on most benefits we receive.

It's unlikely you'll lose the coverage you now have for 2017.

Again, insurance plans and premiums are finalized for 2017, so it's not likely you'll see immediate changes to your costs.

Rural voters are not thrilled about the repeal of Obamacare as they shouldn't be.

Given all this resistance, the law is far from a done deal.

But Trump officials are planning to use the president's bully pulpit to bully people into supporting the bill.

The bill is not a "repeal and replace" of Obamacare, but a re-packaging of the law, Amash said.

I have insurance under Obamacare. If you think letting people keep more of their own money and letting them do what they want with it is an entitlement, then you must believe this is Washington's money. If this law passes, that won't be a concern anymore.

The Affordable Care Act, known as Obamacare, helped 20m previously uninsured Americans get health insurance. The Republican proposal would repeal that penalty immediately.

The Republican plan ends the fines that people have to pay under the ACA if they don't buy coverage, the so-called individual mandate. Both remain unchanged in the Republican proposal.

These two planks in Trump's health platform are not in the American Health Care Act. Eleven million Americans could lose their insurance as a result. The Trump plan would freeze participation in the Medicaid expansion after 2020, making those who temporarily earn more and become ineligible permanently shut out of the current program.

She implied that Democrats would push for the expansion of Medicaid to cover more people, which 31 states plus the District of Columbia have chosen to do. Also, under Obamacare, these federal contributions are open-ended. It would also cap the federal monies available to the states for Medicaid based on a state's Medicaid population. Under Obamacare, older enrollees are allowed to be charged three times as much. They must pay the full cost of coverage.

"What you replace it with are market reforms", Paul said. The amount of the tax credit is based on income and the cost of coverage, but generally, the lower the income, the higher the tax credit.

Under the proposed bill, tax credits would start at $2,000 a year for individuals under age 30, rising to $4,000 for those of 60. Those subsidies are the same everywhere. Most new beneficiaries are low-income adults with no children living at home. "That will be a very hard thing to do".

Recommended News

  • Cara Therapeutics Inc (CARA) Posts Earnings Results, Misses Estimates By $0.33 EPS

    Cara Therapeutics Inc (CARA) Posts Earnings Results, Misses Estimates By $0.33 EPS

    It may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. The consensus estimate for current quarter is $-0.53 and for the current fiscal year, the estimate is $-1.82.

    Analyst's Proposition on Hormel Foods Corporation (HRL), Southern Copper Corporation (SCCO)

    The ex-dividend date is Thursday, January 12th. 11/25/2015 - Hormel Foods Corporation was upgraded to " by analysts at Stephens. FSB ADV purchased a new stake in shares of Hormel Foods Corporation during the fourth quarter valued at about $163,000.
    Bill Paxton's cause of death revealed: Stroke after heart surgery

    Bill Paxton's cause of death revealed: Stroke after heart surgery

    In addition to more than 90 acting credits, Paxton was a director on films such as "The Greatest Game Ever Played" and "Frailty". His surgery was on February 14 and the actor died 11 days later from a post-surgical stroke.
  • Stock Seesawing Amidst Rampant Activity: Northern Dynasty Minerals Ltd. (:NAK)

    Out of 1 brokerage recommendations, 0 gave a Strong Buy, 1 issued a Buy, 0 issued Hold, 0 rated Under-perform and 0 issued a Sell. Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.
    Who Was Eliminated On The Bachelor 2017 Last Night? Final 3 Women

    Who Was Eliminated On The Bachelor 2017 Last Night? Final 3 Women

    She explained how hard it was to leave the other children behind when she got the chance to be adopted by an American couple. Still, Nolan admits that some of what she said on the show was the problem: "It's a little rough to watch [the season]".
    Selena Gomez to meet The Weeknd's family: Will couple tie knot soon?

    Selena Gomez to meet The Weeknd's family: Will couple tie knot soon?

    Eventually, the 20-year old model admitted in an interview that she is affected with Selena Gomez and The Weeknd dating news. The source revealed: "Selena plans on meeting the Weeknd's family in May, when he performs in his hometown Toronto".
  • SSC CGL exam 2017: Notification to release on March 11

    SSC CGL exam 2017: Notification to release on March 11

    Candidates must take printout of their admit cards as they wont be allowed to sit for the examination without the admit card. SSC CGL tier III will carry descriptive type questions, for which candidates will be given one hour to answer.

    Google Pixel 2 Release Date Confirmed For 2017

    The Google Pixel and Pixel XL were priced similarly to the Apple iPhone 7 and 7 Plus, but never got going, at least in India. We expect to find out more about the Pixel 2 as well as the rumored budget smartphone from Google in the coming months.
    'The Vampire Diaries' Season 8 Finale: Bonnie, Stefan Dies; Elena, Damon Reunite

    'The Vampire Diaries' Season 8 Finale: Bonnie, Stefan Dies; Elena, Damon Reunite

    As Wesley said that someone would die in the finale, the same was claimed by Entertainment Weekly . The final episode of the last season of the highly popular show is called " I Was Feeling Epic ".
  • Mama June Loves Walking Around Naked Following Weight Loss Transformation!

    Mama June Loves Walking Around Naked Following Weight Loss Transformation!

    The makers of the show obviously realize that her final look is all viewers are waiting for. "Me and her, just me and her". This "new June" is all anyone can talk about since it was revealed that she dropped to a size 4.

    Navios Maritime Partners LP

    The company reported the earnings of $0.09/Share in the last quarter where the estimated EPS by analysts was $0.01/share. Two Sigma Investments LP increased its stake in shares of Navios Maritime Partners L.P.by 98.8% in the fourth quarter.
    Here's What Casey Anthony's Parents Think of Her Interview

    Here's What Casey Anthony's Parents Think of Her Interview

    WESH 2's Bob Kealing spoke with a lead detective on the case and looks into some of the questions the interview left unanswered. As People points out, Anthony has had a "tumultuous" relationship with her parents for many years.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.