Thursday, May 4, 2017

Economics Article Q4W8

How the Republican bill would change Obamacare

 House Republicans finally have the votes to try to repeal and replace Obamacare. Lawmakers are scheduled to vote Thursday after some last-minute changes to the legislation convinced enough conservatives and moderates to support it. the American Health Care Act goes a long way to fulfilling the Republicans' seven-year pledge to repeal former President Obama's landmark health reform law. And it would erase the coverage gains of the last few years and leave 24 million more people uninsured by 2026 than under Obamacare, according to a Congressional Budget Office analysis of an earlier version of the bill. The GOP's plan would eliminate the Obamacare subsidies, which are refundable tax credits based on a person's income and cost of coverage in their area. I think all these changes that will be made will affect many Obamacare patients to health issues based on the different benefits Obamacare has.

Economics Article Q4W7

How U.S. health care stacks up against global systems

Obamacare may be on the way out and replaced by a new plan, Trump says. The House of Representatives is expected to vote Thursday on a bill aimed at repealing the Affordable Care Act. Many people outside the United States find bewildering. The U.K.'s public health system is called the NHS. It's financed through tax and compulsory national insurance contributions, but faces serious financial problems. The U.K's health care system is free but short of cash. Germany has a multi-layered system financed by a system of mutual insurance funds.Germany has lots of choice and lots of efficiency. The generous French health system has been ranked highly by the WHO and Euro Health Consumer Index. France is generous but short on money. Canada has a government-run national health insurance, funded by tax receipts. It is organized on a regional basis, with each province adopting slightly different rules. Canada's health care is good, but you may have to wait on service. In the U.S we have major political issues. I think all countries should help each other out in a way and save human lives.