Republican senators block extension to ACA subsidies

[Hafar1014]

The GOP Has offered a plan that works

 

[initforme]

So now what will happen is alot less people will be carrying health insurance so the premiums for the rest not on aca will rise. And nobody will seem to care. What a lovely thing for citizens to look forward to. Is this scenario likely or not?

 

[initforme]

So now what will happen is alot less people will be carrying health insurance so the premiums for the rest not on aca will rise? And nobody will seem to care?Is this scenario likely or not? Does anyone know?

 

[BS Filter]

So now what will happen is alot less people will be carrying health insurance so the premiums for the rest not on aca will rise. And nobody will seem to care. What a lovely thing for citizens to look forward to. Is this scenario likely or not?

Wrong. We were promised by Barky Obama that our premiums wouldn't rise because of obamacare. He lied.

 

[Lesh]

Yes.

What a loser you are. How do you manage internet?

 

[initforme]

If there are less people in the pool doesnt that affect premiums for those that get their insurance through their employers or do emoyers pay the increase? Just asking.

 

[Hafar1014]

What a loser you are. How do you manage internet?

The ACA is a failure as healthcare but a great success using tax funds to pay off democrat party supporters.

 

[BS Filter]

What a loser you are. How do you manage internet?

Obviously, I manage just fine.

 

[Marener]

The GOP Has offered a plan that works

Is this plan in the room with us now?

 

[Marener]

What a loser you are. How do you manage internet?

It’s the internet, and I assumed everyone was always going to claim their a genius millionaire.

 

[Hafar1014]

Is this plan in the room with us now?

House Republican leaders on Wednesday withstood a standoff with renegade members over expiring Affordable Care Act subsidies and passed a GOP health care bill with conservative priorities that wouldn't renew the aid.

Why it matters: The 216-211 vote all but assures that out-of-pocket premiums will more than double on average for roughly 20 million ACA enrollees when the enhanced subsidies expire Jan. 1.


Driving the news: The House bill contains an assortment of GOP-backed measures that Republicans argue will help lower health care costs for a wider swath of Americans than those in the ACA exchanges.

• It would expand association health plans, which allow small businesses to band together and purchase coverage, impose new transparency requirements on pharmacy benefit managers aimed at lowering drug costs, and fund ACA payments known as cost-sharing reductions.
• The Senate, which gridlocked on an ACA subsidy extension and competing GOP plan, isn't expected to take up the House package. But some of the ideas could resurface in late January, when Congress faces another deadline to keep the government funded.

The intrigue: A group of House GOP moderates on Tuesday night pushed hard to include an amendment extending the ACA subsidies for at least a year but were rebuffed by House leaders over concerns about the cost.

• Four GOP moderates on Wednesday morning then signed onto to a Democratic discharge petition, providing enough votes to bring up a clean three-year extension.
• That vote may not happen until the new year, despite Democratic calls for immediate action.

By the numbers: The GOP bill would increase the uninsured population by 100,000 and save the government $35.6 billion over 10 years, according to the Congressional Budget Office.

• The driver is the cost sharing reduction payments to health insurers, which will have the effect of lowering the benchmark ACA insurance premium 11% but also cut the subsidies that some ACA enrollees receive.
• The lower subsidy amounts will cause some enrollees to go without coverage, CBO projects.

What they're saying: GOP leaders have argued that extending the enhanced ACA subsidies would be wasteful spending that benefits insurance companies.

• Speaker Mike Johnson said a subsidy extension "only hides the true cost of the failed law."
• But moderates facing re-election next year are worried about the political fallout from spiking premiums at a time when affordability is on many consumers' minds.

The big picture: The renegade GOP members nonetheless voted for the GOP health bill, saying they didn't object to what's in it.

• Moderate GOP Rep. Kevin Kiley (Calif.) said the bill is "fine" though it is "pretty narrow" and "hastily thrown together."
• "It doesn't actually address the issue that's right in front of us which is that these tax credits are going to go away," he added.

Go deeper: How Democrats orchestrated a GOP revolt against Mike Johnson<br/>

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[BS Filter]

Is this plan in the room with us now?

You should be embarrassed for being so uninformed.

 

[Marener]

You should be embarrassed for being so uninformed.

Remember when you guys wanted to “repeal and replace” the ACA?

But you never had anything to replace it with?

Maybe you guys just need 2 more weeks.

 

[Marener]

House Republican leaders on Wednesday withstood a standoff with renegade members over expiring Affordable Care Act subsidies and passed a GOP health care bill with conservative priorities that wouldn't renew the aid.

That’s the whole plan?

 

[Hafar1014]

That’s the whole plan?

Its better then using money to cover up mistakes and bribe supporters which is the democrat plan

 

[BS Filter]

Remember when you guys wanted to “repeal and replace” the ACA?

But you never had anything to replace it with?

Maybe you guys just need 2 more weeks.

Remember when Democrats lost the House and Senate in the mid terms after passing obamacare? A bag of rotten apples would be better than obamacare.

 

[initforme]

We are at a time when we need people leaving the workforce in droves. Hope this is being considered.

 

[Marener]

Its better then using money to cover up mistakes and bribe supporters which is the democrat plan

But it kind of does use money to cover up mistakes. The ACA has a thing called cost sharing reductions which were payment to insurers to mitigate out of pocket expenses for people between 100 and 250% of FPL.

The government stopped paying insurers for this in 2017 because of Trump.

This bill puts that money back.

 

[BS Filter]

But it kind of does use money to cover up mistakes. The ACA has a thing called cost sharing reductions which were payment to insurers to mitigate out of pocket expenses for people between 100 and 250% of FPL.

The government stopped paying insurers for this in 2017 because of Trump.

This bill puts that money back.

That's money from taxpayers.

 

[Marener]

That's money from taxpayers.

Yep. They’re putting money back that Trump had stripped out in 2017.

Like you said, using taxpayer money to cover up mistakes.