Insurers Are Worried About The House GOP Health Care Bill

[Jimbo101]

Huffington Post

Insurers Are Worried About The House GOP Health Care Bill

Small subsidies and Medicaid cuts could jeopardize coverage, the industry’s two biggest trade groups say.

The main industry groups representing health insurance companies have broken their silence on the Republican bill to repeal the Affordable Care Act and “replace” it with smaller reforms.

America’s Health Insurance Plans and the Blue Cross Blue Shield Association are concerned that the GOP plan provides too little financial assistance for people buying their own health insurance and cuts Medicaid funding too much.

The health insurer lobbying organizations stopped far short of other health care interests, including the American Medical Association and the American Hospital Association, that have already stated their opposition to the bill promoted by House Speaker Paul Ryan (R-Wis.) and endorsed by President Donald Trump. Republicans are scrambling to get the bill to Trump’s desk before Congress’ Easter recess, which begins April 10.

But given that much of the GOP rhetoric about the Affordable Care Act’s flaws has focused on the financial losses some insurers have suffered under the law and the unaffordable premiums facing a segment of their consumers, it’s not a good sign that America’s Health Insurance Plans (AHIP) has gone public with its misgivings about the bill that’s supposed to solve those things.

Insurers believe that eliminating the financial penalties associated with the Affordable Care Act’s individual mandate ― which the Republican bill would do retroactively to Dec. 31, 2015 ― “would add short-term instability in the market.” In its memo, Blue Cross Blue Shield Association specifically requested that market-stabilization measures offering funding for the highest-cost patients be extended past 2019.

[Barack_America]

1. Does anyone besides Ryan like this POS?

I'd count Trump, but the chances are he hasn't even read it.

[KittyWampus]

4. the Koch Bros?

[Wellstone ruled]

2. What is going to happen if this

sucker is passed is this,Wall Street will sink like a rock,then the Unemployment numbers balloon. We go into a major recession with in weeks.

[czarjak]

5. Republican blueprint....

[Wellstone ruled]

6. Here is a real kicker.

The GOP wants the Nation to Crash before mid year,in that way,they can blame Obama.

[dchill]

3. Republicans will not pass a bill...

that the insurance lobby doesn't like. That won't happen.