As the Senate GOP met to discuss their renewed effort to repeal and replace Obamacare Thursday morning, they unveiled their revised version of the Better Care Reconciliation Act of 2017.
JUST IN: Senate Republicans release draft of health care bill. Read it: https://t.co/HYfWR1e4V6 https://t.co/mV75oovM1u— CNN (@CNN)1499962300.0
BREAKING: New GOP health care bill slashes Medicaid, eliminates insurance mandate https://t.co/Sdnl88ER8d https://t.co/j6ypmnCMrK— NBC News (@NBC News)1499963359.0
According to The New York Times, this new bill reflects Majority Leader Mitch McConnell's effort to win over both the moderates and the conservatives in his caucus.
In a nod to his moderate wing, the new bill provides $70 billion more for subsidies to low income Americans and keeps two taxes on the wealthy that were set to be cut in the previous version of the bill.
Encouraging to conservatives is the inclusion of a version of Senator Ted Cruz's amendment in this bill, which would allow insurers offering ACA plans to also offer cheaper, bare-bones plans.
“I think we’re making serious progress towards coming together and unifying our conference and getting a bill that can command the support of at least 50 senators and pass into law.”
The bill would also:
- allow people to use tax-favored health savings accounts to pay insurance premiums
- provide $45 billion to help combat the opioid abuse crisis
- convert Medicaid to a system of fixed payments to states
- retain a set of Obamacare taxes, including a 3.8% surcharge on high-income earners
The bill was met with harsh reaction from Senate Democrats.
The "new" Republican health care bill is still a disaster.— Kamala Harris (@Kamala Harris)1499964186.0
Make no mistake, this #Trumpcare bill still makes MAJOR cuts to Medicaid, seriously hurting families in Michigan. https://t.co/dvpAhbMkov— Sen. Debbie Stabenow (@Sen. Debbie Stabenow)1499964307.0
The healthcare bill just released is still garbage. Get the details from @ASlavitt and @TopherSpiro but that's my summary.— Brian Schatz (@Brian Schatz)1499964432.0
Andy Slavitt, who ran Medicare, Medicaid and the Affordable Care Act under President Obama issued a thread on Twitter slamming the bill.
1. The Senate Trumpcare bill amendment was just released & it went from very bad to unworkably bad. First analysis. https://t.co/VxAqRFJu3B— Andy Slavitt (@Andy Slavitt)1499962064.0
As someone who oversaw Medicaid for 2 years, cutting $800 billion+ does not "strengthen" it. It damages it severely.— Andy Slavitt (@Andy Slavitt)1498269491.0
Senator Mitch McConnell hopes to have a vote on the bill next week. He had already postponed the Senate's August recess to finish work on the bill. It's unclear whether a CBO score of the revised bill would be available before a vote.