Experts Starting To Question If Struggling Bipartisan Health Bill Would Even Be Good For Consumers
Because of a weird quirk, the effects of the Trump administration stopping subsidies to insurers have been tempered enough that if the bipartisan bill passed it actually might do more harm than good for consumers. Some still say, though, that there are benefits to passing the legislation, which is losing support on Capitol Hill anyway.
The Wall Street Journal:
Bipartisan Health Bill Is Losing Support
The seemingly imminent repeal of the Affordable Care Act’s insurance requirement, which could happen next week as part of the final passage of Republicans’ broad tax overhaul, has focused attention on Congress’ potential next moves on health care, including a bipartisan plan to shore up the insurance markets. But that plan, sponsored by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.), is losing support as more health analysts say it could raise costs for many consumers. The bill would restore payments to insurers, allowing them to cut premiums, but in doing so it would reduce the tax credits that are pegged in part to the premium costs of certain plans. (Armour, 12/14)
Health Groups Call On States To Override Trump ObamaCare Order
Health-care groups are urging states to override changes made under an executive order from President Trump, warning the moves threaten to undermine insurance markets. A coalition of leading health-care groups, including America’s Health Insurance Plans and the American Cancer Society Cancer Action Network, wrote a letter Thursday to state insurance commissioners urging them to take action to counteract an order signed by Trump in October. That order aimed to ease ObamaCare rules and opened up cheaper insurance plans that do not have to meet all of the ObamaCare requirements. (Sullivan, 12/14)