New health bill still uphill for GOP; Medicaid cuts help put revised Senate legislation in peril
The new version - which represents Senate Majority Leader
Two Republican senators said they would oppose the bill, meaning that McConnell needs support on the legislation from all other
The revised bill would further loosen insurance requirements to allow health plans to offer stripped-down, cheaper plans, a move designed to win over skeptical conservative senators.
The new approach also includes a provision to expand the ability of Americans to use tax-deferred Health Savings Accounts to pay insurance premiums, a benefit primarily to those in higher income-tax brackets.
The bill would earmark an additional
And in an effort to woo several
But Medicaid appeared to remain as a major stumbling bloc for at least a half-dozen wavering
McConnell, R-
The earlier version, which would have left 22 million more Americans uninsured, has been vehemently opposed by leading doctor, patient and other health care advocacy groups.
Several Republican senators said Thursday that they hoped the changes would allow the legislation to advance, and
"I think we're making good progress," said
But Sens.
With 52 members in his caucus, McConnell can afford to lose only two votes and still advance the legislation. Passage remains uncertain, and many senators are skeptical that changes they want could be added once formal debate on the legislation begins as soon as next week.
Many patient advocates and others fiercely oppose the new version.
"The latest proposed changes to the
Also critical of the bill was
"All Obamacare taxes should be repealed," said Norquist.
Even before the revised bill was released, Republican Sens.
President
McConnell has indicated he intends to push ahead once the nonpartisan
"We will be voting next week," he said.
McConnell's challenge now appears to be finding support from more than a half dozen Republican senators who remain concerned about Medicaid, including
Credit: By
Caption: Senate Majority Leader


BRIEF: Plea possible in T-town bus crash case
Revised Senate bill would allow ‘noncompliant’ health plans and could threaten future of Covered California
Advisor News
- Advisors await SEC decision on Vanguard fair fund distribution
- What to do when adult children become the client
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
- The rise of the ‘gray divorce’ insurance client
More Advisor NewsAnnuity News
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
- St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
More Life Insurance News