You probably heard about the new healthcare bill which is also known as the American Health Care Act (AHCA).
Let us briefly explain what this new healthcare bill is all about. The American Health Care Act is a US Congress bill to repeal the Affordable Care Act (ACA) passed by the House Republicans on May 4, 2017.
- individual and employer mandate penalties will be abolished
- calculation of premium taxes will be changed
- cost sharing subsidies will be terminated
- insurers can charge seniors (older Americans) five times as much as younger American
- Medicaid expansion supporting people slightly over the poverty line will be rolled back
Numbers can tell…
AHCA would increase the number of uninsured people by 19 million in 2020 and 23 million in 2026 but would decrease the federal budget deficit by $119 billion over the same period (about 1%). This is mainly by cutting Medicaid coverage for lower income Americans according to the Congressional Budget Office.Here’s the Senate’s version of the AHCA…
The Senate Budget Committee released a discussion draft for an amended version of the ACHA entitled Better Care Reconciliation Act (BCRA). Here, there are minor changes done to allegedly improve the ACHA.
But How does it affect you?
Here’s a table that will guide you through the facts and figures under the Affordable Care Act (ACA – existing law) and the American Health Care Act (AHCA – new healthcare bill) together with the Better Care Reconciliation Act (BCRA – amended version).
Let me share the GOOD news…
WE-ARE- HERE-TO- HELP.
Yes, that’s right. With all these changes hurling around, you’ll need a reliable source to walk you through the transitions within the health insurance world. You can’t be left without a good choice. Therefore, we are here to give you the best and affordable health plan options available in the market.
Talk to us and know that you can always trust Health Plans in Oregon, a credible health insurance agency. Call us at 503-928-6918 or email us at info@healthplansinoregon.com or visit our website: http://www.healthplansinoregon.com.
