Thursday, February 05, 2015

An outline. One sixth of the USA economy is in an outline. Really?

February 4, 2015
By Noam N. Levey

A group of leading Republican lawmakers (click here) on Wednesday proposed an outline for replacing the Affordable Care Act in a bid to advance traditional conservative healthcare goals, including deregulating health insurance, curtailing Medicaid spending and changing how health plans are taxed.
The outline, which parallels a blueprint that senior GOP senators proposed in the last Congress, is not a formal bill. That precludes the nonpartisan Congressional Budget Office from calculating its cost and its precise effect on the nation's healthcare system....

The health insurance companies are making money. They aren't the profits of the past before the ACA because they actually have to pay claims and maintain profits at 15 percent above costs. But, the insurance companies are receiving profits between one half and one billion per year. I have no sympathy for them.

An outline. The Republicans have no real answers.