House Republicans Present Outline of Plan That Would Gut Health Coverage
Last week,
The proposal to repeal and replace ACA, entitled "Obamacare Repeal and Replace: Policy Brief and Resources," would eliminate the individual mandate to obtain health coverage, the insurance industry's duty to guarantee issue, premium subsidies for lower-income people, and the Exchanges for purchasing plans on the individual market.
Instead, the plan would create Health Savings Accounts (HSAs) as the principal health care financing vehicle, coupled with high-deductible health plans - which shift higher costs to enrollees. People with pre-existing conditions would be moved to state financed "High-Risk Pools," which have proven to be inadequate and expensive in the past. The ACA's premium tax subsidies would be replaced with a Universal Health Care Tax Credit (UHTC) which would vary by age, not income, as under ACA.
In addition, and perhaps most dangerous, the proposal includes significant changes to
This replacement proposal does not create a system for providing quality coverage for all. Instead, along with repeal of the Affordable Care Act, it represents a retrenchment from ACA's successes in insuring the uninsurable. This plan does not replace ACA, it's a regression to a less secure, pre-ACA world.
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