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.

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