House GOP leaders and Trump administration officials on Wednesday agreed to pour an additional $8 billion into the latest version of their health care bill, part of a last-minute effort aimed at garnering enough support for a potential floor vote before a week-long recess starts on Friday. The revision won over at least two moderates…Details
Aetna Inc. will again scale back its presence in the Affordable Care Act exchanges in 2018, saying it expects losses on the business this year. Individual plans are a small share of Aetna’s overall business, and the insurer had already scaled back its exchange presence to four ACA marketplaces currently, down from 15 last year.…Details
In the latest Trump administration gamble, senior White House officials have predicted a vote to overhaul Obamacare this week even though party chiefs on Tuesday did not have enough support to pass a bill. Grace-Marie Turner, who advises Republican lawmakers on healthcare as president of the Galen Institute think-tank, said: “Obamacare handed Republicans a bucketful…Details
House conservatives rebelled over the original version of the American Health Care Act, which only partially deregulated insurance markets. The bill maintained the rule known as guaranteed issue, which requires insurers to cover all applicants regardless of medical history. It also relaxed community rating, which limits how much premiums can vary among beneficiaries. The media…Details
President Donald Trump said Monday the Republican health-care bill being negotiated in Congress ultimately will protect Americans with pre-existing conditions as well as Obamacare does. “I want it to be good for sick people. It’s not in its final form right now,” he said during an Oval Office interview Monday with Bloomberg News. “It will…Details
There’s no way around a simple truth: treating an expensive health condition costs (someone) lots of money. There are four basic approaches that can be taken to this problem: 1) Leave sick people to face the costs of their own treatment, whether out of pocket or through high-cost insurance, no matter how ruinous those costs…Details
Health insurers and small businesses are pushing their long-sought goal of abolishing Obamacare’s health insurance tax as lawmakers work to repeal and replace the healthcare law.
The tax is a priority for insurers even as negotiations have centered on the Obamacare repeal bill and federal insurance payments.
. . .
House Republicans still hope to vote on their health care overhaul next week, though lawmakers said Friday they may need further changes to scrape together enough votes to pass it. Rep. Tom MacArthur of New Jersey, who authored an amendment that won the support of hardline conservatives earlier in the week, acknowledged Friday that Republicans…Details
Some lawmakers are also discussing changes to the bill to help bring moderates on board. How to balance the demands of the two groups is a difficult task, and no one has found the right formula yet. Rep. Charlie Dent (R-Pa.), co-chairman of the moderate Tuesday Group, said “it’d be hard” to design a bill…Details
The Trump administration appears to have scrapped one of the key tools the Obama administration used to encourage states to expand Medicaid under the Affordable Care Act. The shift involves funding that the federal government provides to help hospitals defray the cost of caring for low-income people who are uninsured. Under a deal with Florida,…Details