Senate Republicans just released the text of their 'skinny repeal' bill - here's what's in it
Reuters/Aaron P. Bernstein
Republican senators formed the last-ditch effort, called the "Health Care Freedom Act" after earlier votes on the Senate's repeal and replace plan, and a repeal without a replacement plan failed.
The skinny bill includes a series of amendments that would aim to repeal certain unpopular parts of the Affordable Care Act.
Here's what's in the bill:
- The bill would repeal both the individual and employer mandates, which requires individuals to have health insurance, and employers to provide health insurance to employees. If they don't, they face a penalty fee under Obamacare.
- The bill repeals a tax on medical-device makers for three years.
- It provides flexibility to states through 1332 waivers to expand the types of health plans they offer.
- It increases the amount people can put in health savings accounts.
- It funds community health centers.
The bill is nowhere near as extensive as the full-repeal plan or the Better Care Reconciliation Act (BCRA). But it would seek to alter the much-criticized mandates that Republicans have targeted for years.
Without seeing the text, the Congressional Budget Office scored the "skinny" plan Wednesday night and found that it would leave 16 million more Americans without health insurance.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- BSE shares tank nearly 19% after Sebi directive on regulatory fee
- Nainital bucket list: 9 experiences you can't miss in 2024
- Sanju Samson likely to be India's first-choice wicketkeeper for T20 World Cup
- India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
- Nothing Phone (2a) India-exclusive Blue Edition launched starting at ₹19,999
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market