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still_one

(98,883 posts)
5. It will be based on his HHS and Ryan's proposals. It is privatization, and it will be bad
Mon Jan 16, 2017, 03:37 AM
Jan 2017

It won't just apply to the ACA, Medicare and Medicaid will be right on that same chopping block.

By universal healthcare, he means universal access.

Here are five key planks in his own health care proposal:

1.Price's plan offers fixed tax credits so people can buy their own insurance on the private market. The credit starts at $1,200 a year and rises with age, but isn't adjusted for income. Everyone receives the same credit whether they are rich or poor. People on Medicaid, Medicare, the military health plan known as Tricare, or the Veterans Affairs' health plan could opt instead for the tax credit to buy private insurance.
2.Price advocates for expansion of health savings accounts, which allow people to save money before taxes to pay for health care. This includes allowing people who are covered by government health programs including Medicare and the VA to contribute to health savings accounts to pay for premiums and copayments. These proposals are included in Ryan's plan.
3.People with existing medical conditions couldn't be denied coverage under Price's plan as long as they had continuous insurance for 18 months prior to selecting a new policy. If they didn't, then they could be denied coverage for that condition for up to 18 months after buying a new plan.
4.The Price proposal limits the amount of money companies can deduct from their taxes for employee health insurance expenses. Companies can deduct up to $20,000 for a family health insurance plan and $8,000 for an individual. The goal is to discourage companies from offering overly generous insurance benefits to their workers. Ryan's plan proposes a cap on the employer tax deduction but doesn't specify the level of the cap.
5.States would get federal money to create so-called high-risk pools under Price's plan. These are government-run health plans for people with existing medical conditions who can't get affordable health insurance on the private market. Critics say high-risk pools have been tried in as many as 34 states and largely failed because they were routinely underfunded.

http://www.npr.org/sections/health-shots/2016/11/29/503720671/5-things-to-know-about-rep-tom-prices-health-care-ideas

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