“3 key things to know about the Senate health care bill” -CBS News

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Summary: ” Then in a new twist, in 2025 those per-recipient caps would be based upon general inflation increases in lieu of health care cost increases, which are on most occasions about twice as much as inflation. “Technically you’re not charging a different kinds price, for the exact same exact policy but you have shunted people with preexisting conditions into a pool that’ll demand much higher premiums,” said Greenstein. Bottom line: Even with subsidies, you will likely be paying, for less generous coverage with higher deductibles, and more out-of-pocket costs. Thus, you might see insurers offering scaled-back policies that offer lower premiums, but also lower coverage, including no maternity care, no mental health care, no cancer care, etc. Republican Senators Rand Paul and Ted Cruz responded to the new GOP health care plan and President Obama also weighed in with a statement posted.. The Senate bill has edged away from the age-based tax credits in the House bill in favor of Affordable Care Act-style income-based subsidies. Under the ACA, low-income patients received subsidies, for out-of-pocket health care costs, including deductibles, and co-pays. The earlier existing rule under the ACA stating that insurers cannot charge people with preexisting conditions more than other people, for the exact same exact policy will go on under the Senate bill. The Senate bill makes draconian reductions to Medicaid, which covers 70 million Americans, including low-income patients, nursing-home residents, and people with disabilities. Under the Senate plan, starting in 2020, that would be scaled back to 350 percent of the poverty level, meaning people beyond that level might face unaffordable health care coverage. The Senate bill keeps the House provision that allows insurers to charge older consumers five times as much, for coverage as younger people (vs.”

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