GOP health plan would hit state budgets hard: Moody's

Andrew Cummings
March 20, 2017

One reason for the miss is that employers didn't drop health care benefits to the extent the CBO estimated.

"I am going to take care of everybody". First, by replacing insurance subsidies in current law that are based on income and premium levels with a less-generous tax credit, the bill would hurt people of low and moderate income.

Well, we have had over a week now to read and digest the legislative equivalent of sausage making by Speaker Paul Ryan and his GOP caucus and, for sure, they have managed to make health care even more complicated than it already was. Then the "Party of No" refused to cooperate in needed revisions.

"Nobody knew health care could be so complicated".

The United States can become "greater". Yet I am having trouble getting through to my congressional representative by phone and now I find out there are no plans for public hearings on these massive changes.


And for those wealthy individuals and corporate interests grasping their entitlements, please keep your hands in your own pockets and let all of us have good and affordable health care.

Because the AHCA also repeals the individual mandate - a requirement that people who can afford it have health insurance, or pay a monthly tax as penalty - many people likely will choose not to pay for coverage.

The elderly population's potential loss of insurance tied to the American Health Care Act (AHCA) could be the most devastating effect if the bill was enacted into law in its present form. Another 6.9 percent or 310,557 kids are insured through CHIP, which provides low-priced health care coverage to children of moderate income families that earn too much money to qualify for Medicaid.

The Bloomberg analysis Carlson referenced found that taxpayers in counties that voted for Hillary Clinton in the election would receive a disproportionate share of the tax cut compared to those in counties that voted for Trump.

Through Medicaid, nonelderly adults with disabilities have access to regular preventive care as well as medical care for illnesses and chronic conditions. We have more people that we're covering in this state.


About 150-170,000 people in Iowa gained coverage through the Medicaid expansion, they won't necessarily automatically loose coverage, that's to be determined, but the state won't get the same amount of money that they did for those people.

Carol Terryberry similarly said the bill needs to undo more insurance regulations, explaining the ACA stifles consumer choice and competition with "one-size-fits-all" plans, adding, the ACA set higher minimum standards for insurance plans.

"We are deeply, deeply troubled not only by the mathematics, but the signal this sends about the White House's support for NIH during its first term", said Travis McCready, president CEO of the Massachusetts Life Sciences Center.

"It's the best insurance I've ever had and I'm really upset I'm going to lose it", Cox said.

"You take a look at the economy, and a lot of the growth is coming from companies with 100 employees or less", he said.


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