Senate Republicans unveil new health care bill

Senate Republicans unveil new health care bill

Senate Republicans unveil new health care bill

After seven years of promising, Republicans are closer than ever before to repealing and replacing Obamacare.

One of the provisions in the latest version of the Senate Republicans' health care bill appears to benefit only the state of Alaska.

The new Senate version backed by Majority Leader Mitch McConnell and released Thursday bids for conservative support by allowing insurers to sell low-priced, slimmed-down policies and added billions to combat opioid abuse and help cut skyrocketing insurance costs. It said the first version of the Senate bill would result in 22 million more uninsured people by 2026. The subsidy cuts that would send premiums soaring for millions are also still there.

The Congressional Budget Office is the official scorekeeper for Congress.

In another nod to moderates, the revised bill jettisons plans to repeal two taxes on wealthy Americans that help pay for Obamacare, and preserves a tax on health insurance executives.

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Sen. Dick Durbin, D-Ill., said he has talked with Republican senators about fixes, but said "they're waiting for McConnell to say 'this is over, I can't pass it'".

As it is now, most Republicans believe they are stuck with two bad options.

Questioned by reporters Thursday, Murkowski said she needed to read the bill before she decides how she'll vote.

While most Republicans agree the bill is not ideal, leaders believe it is their best chance to enact a conservative solution to healthcare. "I think this bill is better than Obamacare", Sen. "I would support the proposal before us".

The CBO is expected to release an update report early next week.

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"It could be the biggest political broken promise in many years", said conservative former Sen. He plans to vote to move ahead with debate on the bill. Ted Cruz, which would allow insurers offering Obamacare plans to also offer cheaper, bare-bones policies. Experts argue that this would likely divide the healthcare insurance market between the sick and the healthy, undermining the very concept of insurance.

Offering Obamacare plans will also make insurers eligible for new federal funding aimed at helping insurers pay for high-cost enrollees.

On Wednesday, the amendment met with some preemptive resistance from the insurance industry. "Unfortunately, this proposal would fracture and segment insurance markets into separate risk pools and create an un-level playing field that would lead to widespread adverse selection and unstable health insurance markets", wrote America's Health Insurance Plans, a trade association for insurance companies.

Democrats are united in opposition to Trumpcare and have begun paying for ads attacking Republicans for the bill. "That's why if the Senate takes up this legislation, I intend to file amendments that would address the concerns raised by Arizona Gov. Doug Ducey and other leaders across our state about the bill's impact on Arizona's Medicaid system".

The revised legislation has $45 billion in opioid treatment funding - a top request from senators like Rob Portman of OH and Shelley Moore Capito of West Virginia - as well as in state stabilization money aimed at lowering premiums for high-cost enrollees. "Because that's how you change the status quo".

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But it was not clear whether the Republican leader has achieved the delicate balance he needs after an embarrassing setback last month when he abruptly canceled a vote in the face of widespread opposition to a bill he crafted largely in secret.

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