
Congressional GOP Gets to Work Reconciling Tax Bill With Healthcare Implications
Republican leaders begin work Monday reconciling the differences in the Senate and House tax legislation, hoping to send a final bill to President Trump before Christmas. Senate Republicans passed the bill by 51-49 just before 2 am on Saturday.
Republican leaders begin work Monday reconciling the differences in the Senate and House tax legislation, hoping to send a final bill to President Trump before Christmas. Senate Republicans passed the bill by 51-49 just before 2 am on Saturday, after picking up 3 more votes on Friday.
Called the Tax Cuts and Jobs Act, the bill has major implications for healthcare. The Senate version would drop the Affordable Care Act (ACA) mandate that people purchase individual health insurance or pay a penalty. The Congressional Budget Office has predicted that this change would cause health insurance premiums to rise by about 10% a year and prompt 4 million people to drop insurance by 2019 and 13 million to drop it by 2027.
The House version of the legislation, passed 2 weeks ago, does not mention the ACA mandate, but it does repeal individual tax deductions for medical expenses.
The tax bill would also cause deep cuts to Medicare, triggered by a 2010 law Congress passed to keep the deficit from growing larger. Various models predict that the tax bill
Some physician and health groups said the tax bill would prove harmful to US health.
The American Public Health Association (APHA) said in a statement over the weekend it was opposed to dropping the insurance mandate and feared the effects of automatic spending cuts on programs like Medicare.
“This legislation will have immediate consequences for Americans’ health. It not only fails to deliver on the promise of increasing prosperity for the lower and middle classes, but will ruin their health in the process,”
After the Senate passed its version of the tax reform bill, Senate Majority Leader Mitch McConnell, R-Kentucky, and House Speaker Paul Ryan, R-Wisconsin,
“Critics of tax reform are claiming the legislation would lead to massive, across-the-board spending cuts in vital programs—including a 4% reduction in Medicare—due to the Pay-Go law enacted in 2010. This will not happen," McConnell and Ryan said. "Congress has readily available methods to waive this law, which has never been enforced since its enactment. There is no reason to believe that Congress would not act again to prevent a sequester, and we will work to ensure these spending cuts are prevented.”
The American Academy of Pediatrics has also
CHIP provides coverage for 8.9 million children, and 11 states have estimated that they will run out of funding for the program by the end of the year. A total of 32 states will have exhausted funds by the end of March 2018, Kaiser Family Foundation
A bill to refinance CHIP,
Meanwhile, the Washington Post reported Saturday that there is a deal in the works to support cost-sharing reduction payments for 2 years in order to cover the expense of discounts that the ACA mandates for insurers in order to cover low-income people who enroll in Marketplace plans. The Post attributed the quote to Senator Susan Collins (R-Maine), who voted to support the Senate tax bill. Sen. Collins said McConnell had “committed to support” 2 separate measures by the end of the year. Trump
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