The GOP is pulling out all they have to repeal Obamacare by the end of the month. The Graham-Cassidy bill is supposed to replace Obamacare and give more power to states through block grants.
The bill would allow states to set their own coverage requirements, allow insurers to boost prices on people with serious medical conditions, end President Obama’s mandates that most Americans buy insurance and that companies offer coverage to workers, and cut and reshape Medicaid.
The revised bill would provide additional funding for an unnamed “high-spending low-density state”—likely Alaska.
The bill would allow states to set their own coverage requirements, allow insurers to boost prices on people with serious medical conditions, end President Obama’s mandates that most Americans buy insurance and that companies offer coverage to workers, and cut and reshape Medicaid.
We will find out what will be the future today, the Senate Finance Committee is set to hold a hearing. The non-partisan Congressional Budget Office is also expected to produce a preliminary analysis of the bill’s impact on budget deficits.
Although the state of the healthcare system may be uncertain, Cosmo Insurance Agency will always be there. Contact Cosmo Insurance Agency today with any questions or concerns about your health insurance and find out how to make the most of your benefits.
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Source: http://www.foxnews.com/politics/2017/09/25/graham-cassidy-health-care-bill-gets-last-minute-revision-as-support-stalls.html
