UPDATE: IMPORTANT: Graham-Cassidy could make thousands of ACA policies illegal NEXT YEAR. [View all]
I don't keep up with the many, many threads on G-C. This might not be news to most of you. Anyway:
Hm, was "mass plan cancellations" a political problem for Democrats once? My memory is foggy.
UPDATE: IMPORTANT: Graham-Cassidy could make thousands of ACA policies illegal NEXT YEAR.
UPDATE: IMPORTANT: Graham-Cassidy could make thousands of ACA policies illegal NEXT YEAR.
Tue, 09/19/2017 - 12:07pm
The fact that the Graham-Cassidy bill, like all of the prior Republican "replacement" healthcare bills, screws over people on both Medicaid and the individual market
starting in 2020 is hardly news. A few provisions of the ACA are stripped out and/or bastardized immediately (and some, like the individual mandate penalty, are even repealed
retroactively), but for the most part the pain doesn't start for another 2 years, well after the midterms are over.
However,
JP Massar called something to my attention this morning:
Graham-Cassidy, Sections 102 and 103:
Section 102: Modification and Repeal of Premium Tax Credits
Excludes from the definition of QHP a plan that provides coverage for abortions (except if necessary to save the life of the mother or if the pregnancy is the result of rape or incest), beginning tax year 2018.
Repeals the ACA premium tax credits as of January 1, 2020
Section 103: Modification and Repeal of Small Business Tax Credits
Starting in 2018, amends IRC Section 45R to indicate that the term qualified health plan does not include any health plan that includes coverage for abortions, except abortions necessary to save the life of a mother or abortions for pregnancies that are a result of rape or incest.
Repeals the small business health insurance tax credit beginning as of January 1, 2020.