Republican health care plan creates budget problems for GOP

Speaker of the House Paul Ryan explains the American Health Care Act on Thursday in Washington. Win McNamee  Getty Images

Speaker of the House Paul Ryan explains the American Health Care Act on Thursday in Washington. Win McNamee Getty Images

House Speaker Paul Ryan (R-Wis.) and President Trump say their proposal to replace the Affordable Care Act offers more choice.

State government and biotechnology industry spokesmen, meanwhile, spoke out against a $6 billion proposed reduction in the budget for the National Institutes of Health contained in the Trump budget, which they said would have "devastating" effects on the state's medical technology industry.

Older people would be expected to pay higher insurance premiums, while insurance costs generally would rise at first, then drop to slightly below current levels. This statement is now being tested for truth as our government is discussing the fate of the Affordable Care Act.

Ultimately, it's everybody's health care that's on the line with this bill.

The United States can become "greater". What they neglect to tell the American public is that unless you are careful, you will buy a cheaper policy until suddenly you need coverage for something you didn't buy.

Only one group of older ACA plan enrollees - those ages 50 to 55 with annual incomes of $45,000 - would see higher tax credits under the Republican plan, the AARP analysis found.

And for those wealthy individuals and corporate interests grasping their entitlements, please keep your hands in your own pockets and let all of us have good and affordable health care. He never said anything more to address the actual substance of the legislation and the impact it'll have on the many Americans who depend on the insurance they can access through Obamacare, which they would lose.

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The Henry J. Kaiser Family Foundation projects some better numbers for Cleveland County residents, who on average received a $4,490 tax credit from the ACA. We have a plan trying to work its way through the House of Representatives that with each passing day loses more and more support from Republican lawmakers - all of whom promised their constituents that they would get rid of the evil Obamacare.

The legislation, known as the American Health Care Act, is now being reworked to give states more flexibility under Medicaid and to help older Americans afford coverage on the individual market. What's more, drug coverage for seniors and the disabled will be renegotiated.

No matter how much states spend on Medicaid, any cuts in federal reimbursements would force them to reduce spending on other programs or raise taxes, or both.

The difference in approaches could translate into average reductions in government financial aid for low-income and older Floridians ranging from about $850 a year to almost $6,000 annually for a standard ACA plan, according to AARP.

The report, which help fuel new concerns about how the replacement will affect Americans, also offers reassurances to key conservatives anxious the original plan didn't cut Medicaid enough.

"We're going to see patients who can now go to the doctor or hospital, but will start to come to the ER as charity patients", Berman said.

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