Republicans unveil health care plan

Republicans unveil health care plan

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From federal subsidies to tax credits, House Republicans have introduced their intended replacement of the Affordable Care Act.

In what's being called the American Health Care Act, the federal insurance mandate is gone, but it allows insurance companies to impose a hefty surcharge if you don't keep a health plan.

The pre-existing condition coverage and allowing young people to remain on family plans until age 26 remain, under the two proposed pieces of legislation unveiled Monday night.

Medicaid coverage would continue to follow President Barack Obama's expansion plan until 2020, with states then potentially losing the federal funds that had been associated.

The tax credits would be based on the size of one's family and on the age of the participant.

Republicans were quoted Monday saying they were trying to return power to the states.

The debates begin in the House this week, but Senators are already weighing in.

“We will not support a plan that does not include stability for Medicaid expansion populations or flexibility for states,” Sens. Rob Portman (R-Ohio), Shelley Moore Capito (R. W.Va.), Cory Gardner (R-Colo.) and Lisa Murkowski (R-Alaska) wrote in a letter to Senate Majority Leader Mitch McConnell (R-Ky.).

White House Press Secretary Sean Spicer says in a statement the bills are "an important step toward restoring healthcare choices and affordability back to the American people."
 

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