SEC. 101. ELIMINATION OF LIMITATION ON RECAPTURE OF5 EXCESS ADVANCE PAYMENTS OF PREMIUM6 TAX CREDITS. (CLICK HERE)
This is Title I of the bill. The bill reaches back to 2010 to the monies accumulated over four years to implement the Medicaid Expansion.
WHAT IS CASSIDY GOING TO DO WITH THE MONEY?
Allow cronies to get their monies back out of the federal government since 2010?
(2) REPEAL.— 19 (A) IN GENERAL.—Subpart C of part IV 20 of subchapter A of chapter 1 of the Internal 21 Revenue Code of 1986 is amended by striking 22 section 36B.
§36B. Refundable credit for coverage under a qualified health plan (click here)
This entire section is to be eliminated.
(a) In general
In the case of an applicable taxpayer, there shall be allowed as a credit against the tax imposed by this subtitle for any taxable year an amount equal to the premium assistance credit amount of the taxpayer for the taxable year.
SEC. 103. MODIFICATIONS TO SMALL BUSINESS TAX CRED- 14 IT.
Everyone is listening to lies. No one is stopping to ask, "Is the Patient Protection and Affordable Care Act reducing health care costs?" This study found the costs are decreasing. (click here)
June 24, 2016
By Vann R. Newkirk II
...The Affordable Care Act (click here) is likely reducing the country’s medical bills. A new report from the Urban Institute provides strong evidence that the law is directly lowering total health-care spending, even as it expands coverage to unprecedented levels. The report shows that projected national spending on medical services, doctors, drugs, and devices between 2014 and 2019 is now $2.6 trillion less than what was projected when the ACA was passed in 2010, and $2.1 trillion less than pre-ACA estimates. Most of this decrease in spending is likely due to external factors such as the sluggish economic recovery—people generally spend less when they have less, even on health....
Stop listening to the lies by people that want to defeat the ACA for political reasons.
The Republicans are talking about complaints they receive from some of their constituency. What about the larger percentage that aren't complaining?
Regardless, the bill at hand is simply just bad law. There needs to be studies conducted and DEFINITIVE directions to move when legislating the health care of the American people. The ACA was based upon methodologies already established in Massachusetts that work. It was not pulled out of the sky that someone thunk up.
Americans always think Medicare is untouchable. Right? How many Americans knew the Sequestration bill of 2011 reduced Medicare (NOT Medicaid) spending?
This sequestration (click here) results from provisions in the Budget Control Act of 2011, which raised the debt ceiling and will reduce net federal spending by $2.1 trillion over ten years. ... This sequestration is projected to reduce Medicare spending by $11 billion in Fiscal Year 2013.
Remember Sequestration and the Republicans bellyaching about the military spending? Remember that? Why weren't they bellyaching about the reduction in Medicare spending?
This is the country's health. It takes much more preparation than a knee-jerk political reaction for politics by Republicans.\
The paragraph below is from the Cassidy bill. It needs to be known how popular the idea of grants are and whom if any will be seeking them.
‘‘(II) UNUSED AMOUNTS TO BE USED FOR DEFICIT REDUCTION.— Amounts allotted to a State for a calendar year that remain unobligated on April 1 of the following year shall be deposited into the general fund of the Treasury and shall be used for deficit reduction
The health care insurance industry is not interested in the Republican bill. As a rule the private sector isn't interested in EXPERIMENTATION when focused on profits. See, if there is no interest by the industry, just put those grant monies into the treasury and leave it there.
September 20, 2017
By Robert Pear
Washington — The health insurance industry, (click here) after cautiously watching Republican health care efforts for months, came out forcefully on Wednesday against the Senate’s latest bill to repeal the Affordable Care Act, suggesting that its state-by-state block grants could create health care chaos in the short term and a Balkanized, uncertain insurance market....
If there is no or little interest by Wall Street of the experimental policies for people with pre-existing conditons; which has to be far more that 50 percent of the country (very few women have no uterus on birth) then most people will be dumped off their health insurance and won't get it back.
So, there are billions in the federal budget for the Medicaid Expansion. I know that for a fact. What happens to all that money when the Republicans end that program?
The Republicans are stating that monies left over from the experimental grants are going to pay down the national debt. What happens to the budgeted Medicaid money? More military spending? And with those billions and trillions of dollars floating around and are supposed to be dedicated to the national debt WHAT KEEPS CONGRESS FROM SPENDING IT ALL OVER AGAIN ON MILITARY ADN WARS?
The Cassidy bill is lacking a great deal of SPECIFICS and reasonable answers to the future of American Health Care.
All the programs in the Republican bill are voluntary. No one is compelled to participate in a major industry in the USA.
There is no compliancy within the bill.
The ACA also had a lot of money set aside for education of health care workers including Primary/Family Physicians or General Practitioner. What happens to that money? Where are we going to get our new doctors, nurses and assistants?
