Jason Millman, writing in The Washington Post on Feb 4, describes a Republican plan intended to help manage fallout from a possible Supreme Court ruling, which could invalidate subsidies for federal-run health insurance exchanges across the country.
The Republican plan in summary:
- No individual mandate.
- A pre-existing condition ban, with a catch
- A cap on tax preference for employer health plans
- Less generous subsidies
- Other ACA features survive
Millman’s article gives the details.
Republican’s don’t seem to understand the important provisions of Obamacare:
- More people covered by insurance.
- Slow the relentless increases in health care costs
- Preventative care
This Republican plan, backed by Sens. Richard Burr (R-N.C.), Orrin Hatch (R-Utah), and Rep. Fred Upton (R-Mich.), keeps some popular but relatively unimportant features of Obamacare, but gives up the important principles given above. However:
- Young adults could stay on their parents’ health plans until they turn 26,
- The ban on lifetime coverage limits remains.
- Insurers could charge older customers no more than five times the amount they charge younger customers for the same plan. (Obamacare allows up to three times.)
The GOP plan also keeps the ACA’s $700 billion in Medicare cuts. This is astonishing given the relentless attack the GOP mounted against Obamacare for this same provision.
Of course the GOP, divided, is nowhere near to agreeing on this plan or any plan.
© William Hungerford – February 2015