The US Senate Republican (GOP) has run into trouble in securing their proposal regarding the nation’s healthcare system, President Donald Trump together with officials within the party suggested significant changes during a private meeting.
But the request was not granted as Senate Majority Leader Mitch McConell can only have two oppositions and six out of the 52 GOP senators refused the new bill when he presented it and three more followed later.
McConnell said the Senate will not accept the bill until a couple of weeks after this week. He added that although they have not made it, he believes they have a good chance of making it; they just need a little more time.
The suggested amendments in the Senate health care bill or the Better Care Reconciliation Act of 2017 remove individuals and employer mandates of Barack Obama’s signature domestic policy the Affordable Care Act (ACA).
It will then change the individual approved with a six-month waiting period for new insurance in non-group plans if he has no insurance for more than 63 days.
The bill will also ease states renouncement of fundamental health benefits, or the list of benefits such as emergency services and maternity care that was compulsory in health plans under ACA.
The elderly can be charged five times more than younger individuals in their premiums by insurers, rather than three times more than younger ones.
However, if the new bill is passed, the Congressional Budget Office (CBO) estimated that 22 million people will be uninsured by 2026 while average premiums will initially rise but would fall after.
The revised bill also contains a provision about penalizing individuals whose insurance has lapse preventing them from coverage for six months.
One possible way for healthy people to have more reason to sign up for insurance is by offering both rewards and consequences for those who do not have coverage.
In the latest bill, it would charge people who did not keep coverage the year before they could have premiums raised as much as 30 percent as penalty.
But, Kaiser’s Family Foundation’s senior vice president Larry Levitt doubts that a lot of healthy individuals will sign up as it is going to need several calculations among people not very focused on insurance.
Moreover, the latest bill would also negatively affect Medicaid which offers coverage for the poor, disabled and elderly since almost two-thirds of nursing-home occupants are backed by Medicaid.
James Capretta said that states are already funding approximately 40 percent of Medicaid yet no one has insisted them to cut their programs and the federal government is expected to spend about $5.2 trillion on Medicaid in the next decade.
The people against the legislation already voiced out their objection at the Capitol on Wednesday with 40 citizens arrested for blocking Senate offices.
The Senate bill rolls back Obamacare’s development of the Medicaid government insurance for the poor and reduce planned Medicaid expenses by 2025.
It also eliminates a big part of Obamacare’s taxes, stops penalty for not having insurance and overhauls financial backing that lets people buy insurance with tax credits.
If they would really want the bill to work, the best option right now is to discuss the process to more people and propose a realistic agreement that is to the Senate’s liking and uphold strength in the health care system.