Anybody surprised with this?
Republicans will ‘Repeal’ Obamacare, which is actaully the Affordable Healthcare Law….
But it will take a few years ….
Something tells me that Republicans are gonna make sure that Insurance companies make MORE money in the redo….
Sounds like a
Hand out Bailout to me….
One Republican lobbyist said that in discussions about a plan to repeal the Affordable Care Act (ACA) without a replacement, insurers are “painting a picture of the market that isn’t very pretty and Republican staffers are getting the picture.”
“They want to pump money back in to the insurers without appearing like they’re giving them a handout or bailing them out,” the lobbyist added.
A second lobbyist said Republican staff is discussing the effects of actually getting into law a repeal bill similar to the one passed last year through the fast-track process known as reconciliation. That measure would have taken out the core of ObamaCare on a two-year delay.
The lobbyist said Republicans are discussing: “What’s the impact on the 2018 plan year for that, and if it’s as bad as some people say, what are our options to mitigate the impact without looking like we’re bailing out the health insurance industry?”
Asked about the talks with insurers, a Republican House Ways and Means Committee aide said: “We’re talking with all stakeholders and discussing the best next steps as we work to reform this broken health care system.”
It is unclear what specific policies could end up being enacted. A starting point is programs similar to ObamaCare’s risk adjustment, reinsurance and risk corridors.
Those programs help guard insurers against losses by shifting money from insurers faring better financially to those faring worse.
Republicans, though, long denounced those programs as “bailouts” of insurers.
A more likely option could be to get the Trump administration’s Health and Human Services Department to make regulatory changes favorable to insurers….
Iowa insurance commissioner Nick Gerhart, a Republican, sounded concerns about repealing the law without a replacement earlier this month.
“If the new Congress passes a bill to repeal all of the ACA, I hope that a replacement for the ACA is stapled to that bill,” he wrote. “An immediate repeal would lead to devastating consequences in the disruption of people’s care, and create even more uncertainty for millions of Americans.”Share on Facebook