What We Know About the Obamacare Replacement

Treasury Secretary Steven Mnuchin listens at right as President Donald Trump speaks during a meeting on the Federal budget Wednesday Feb. 22 2017 in the Roosevelt Room of the White House in Washington

Treasury Secretary Steven Mnuchin listens at right as President Donald Trump speaks during a meeting on the Federal budget Wednesday Feb. 22 2017 in the Roosevelt Room of the White House in Washington

Oliver dedicated his main segment to the conversation on Obamacare, which remains complicated by misleading promises, logistical nuances, and a lengthy campaign to completely undermine the American health care system as it's existed for the last seven years. They won't get any democratic help.

President Donald Trump will lay out key details about his plan to repeal and replace Obamacare in Tuesday night's speech to Congress.

Our brand new business podcast is here! Republicans now say that their approach would provide "universal access" to affordable health care, but without guaranteeing that everyone currently enrolled can hang on to their insurance. As John Oliver pointed out, the many components of those plans-subsidies based on age, not income; health savings accounts; block grants for Medicaid; high risk pools-would nearly uniformly carry the risk that people will be under-covered or thrown out off the insurance rolls entirely. Lawmakers return to Washington Monday after a week of raucous town halls in their districts that amplified pressure on Republicans to forge ahead with their health-care plans.

It's hard to understand how removing subsidies and limiting Medicaid expansion will allegedly make health insurance more affordable, the GOP's biggest argument for why Obamacare should be scrapped in the first place.

According to the Republican outline, Medicaid would be revamped to give states either block grants or per-capita grants, as opposed to the federal government's paying a percentage of the total cost. The vast majority of Americans are covered by insurance provided by their employer.

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"So tonight, let's look at ObamaCare: what it does, what needs fixing, and how Republicans plan to replace it", he said, before taking everyone back to the days before the bill became the law of the land.

Oliver acknowledged that the health care bill as it stands is not flawless. "From defunding Planned Parenthood to reinforcing the unsafe and discriminatory Hyde Amendment, this bill doubles down on President Trump's anti-woman agenda".

He expects there will be many more individual bills that chip away at components of Obamacare, unlike the more than 20,000-page document that created the ACA, of which then-Speaker Nancy Pelosi famously said, "We have to pass the bill so that you can find out what's in it". States would be allowed to set up high-risk insurance pools for people with health conditions that require costly medical services or assist people with high copayments and premiums.

"Republicans are in a real bind here", Oliver said. It could potentially include alternative forms of financial assistance for people with private coverage and states that want to maintain Medicaid eligibility for low-income residents.

Another Freedom Caucus member, Representative Jim Jordan of OH, said he also favored the replacement bill put forward by Paul and Sanford.

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