Washington: American Health Care Act or Trump care is finally out. This is the first time that the advocates who have been demanding to repeal Obamacare have come forward with a semblance of a document to put forward their stand on such an important issue.
The replacement of Obamacare was finally introduced yesterday by House Republicans. If passed, the proposed legislation is expected to replace Obamacare.
Obama’s Affordable Care Act, which was passed by the Senate on December 24, 2009 and signed into law by Obama on March 23, 2010 may be replaced pretty soon. It was an election promise and Donald Trump has made it clear he will repeal the act and will bring an alternative legislation on its place.
Most important aspects of the proposed legislation include eliminating the mandate that all Americans have health insurance, phasing out the Medicaid expansion that Obamacare initiated besides changing the health care law’s subsidies for private insurance.
To some people, the new legislation may look enticing from the outset. While doing away the subsidies of Obama’s healthcare, the Trump care or the American Health Care Act promises to provide between $2,000-$14,000 in tax credits to Americans that don’t receive health insurance through work or a government program based on their age and family size. Nonetheless critics are saying that the new legislation just renames subsidies as tax credits.
In the meantime President Donald Trump has said that he supports the legislation proposed by Republican U.S. lawmakers to replace the Obamacare. Nonetheless, the way forward is not going to be easy as many influential conservative groups came out strongly against it, complicating the proposal’s prospects for passage in Congress.
Trump, having an intuition that things will not be easy to move forward seems to be in conciliatory mood. He said the draft bill was open to negotiation, adding that he was working on a system to cut drug prices. The lawmakers’ plan is a key step toward carrying out pledges by Trump and congressional Republicans to dismantle Obamacare, Democratic former President Barack Obama’s signature domestic policy achievement.
In the meantime, Kentucky Republican Sen. Rand Paul heavily criticized the American Health Care Act on “Fox and Friends”. The legislation was unveiled by House Speaker Paul Ryan. Rand Paul argued that the GOP replacement bill is too similar to former President Barack Obama’s Affordable Care Act. “This is Obamacare lite. It will not pass. Conservatives aren’t gonna take it…Premiums and prices will continue to spiral out of control”, he went on to add.