The Republicans have a unique problem. Many Americans will lose insurance cover in case the bill passes. If it fails, the uncertainty will burn the system. President Donald J. Trump is also wary of lending his name to the measure. The plan retains the important Affordable Care Act or ACA taxes imposed on prosperous Americans. It also permits the insurers to provide less coverage. Insurers can impose sharp health care cuts for the poorer American population. This bill is aimed towards GOP members of both moderate and conservative factions. The Congress has delayed its summer holidays in its bid to throw away the 2010 legislation brought about by President Barack Obama.
The Republican-supported bill's latest version will retain the two taxes imposed on individuals earning in excess of $200,000. The money would have assisted the ACA. The revised plan of the Senate remains mostly unchanged. This calls for Medicaid cuts leading to the holdup of billions of dollars. This will negatively affect the health care program for the disabled and poor. An extra $45 billion will be provided by Better Care Reconciliation Act to combat US Opioid epidemic. There is also an extra $70 billion for covering the many out-of-pocket expenses. These are the medical costs not reimbursed by the insurance companies.
The bill includes the proposal put up by Senator Ted Cruz, a conservative, to allow insurers a stripped down and minimal expense health care plan. This will be made possible by side-stepping ACA rules. The latter needs coverage for the “essential” health benefits, like postnatal care. The list of other benefits includes maternity, mental health services, hospitalization, prescription drugs, outpatient care, and emergency room visits among others.
It was warned by insurance companies that the plan instituted by Senator Cruz will harm individuals having pre-existing medical conditions. Their insurance costs will go up sky-high. As per the Congressional Budget Office, the bill's previous version will leave about 22 million fewer individuals being insured over a span of 10 years. The Senate Republicans now await a brand new assessment.
When it came to repealing the ACA, Mitch McConnell's reputation as an excellent tactician has increased. The Majority Leader of the Senate must create a compromise option which will appease both the conservatives and the moderates among the rank and file. The bill will be fiercely opposed by Democrats. It means that only three “no” votes posted by Republican senators will stop the legislation.