It allows health insurance companies to charge older Americans more.
True, but the ACA’s 3:1 ratio (older people cannot be charged more than 3 times younger people) is one of the key reasons the ACA is in a death spiral. Put another way, if we had a Dem House, Dem Senate, and Dem President, and they were going to fix the ACA without new sources of revenue, their “ACA Fix” bill would do the same thing. And everyone who understands the legislation knows that.
What the 3:1 does is force millenials to pay much more than they normally would so the older people don’t. If left to the data alone, this ratio SHOULD be around 7:1. The GOP bill changes it to 5:1. This is a reasonable compromise in an attempt to avoid the ACA death spiral.
It repeals the employer mandate, causing many families covered by their employers to lose coverage.
It repeals the mandate, but it is not clear at this time how many families would (a) lose coverage, and if (b) how many of those families would GAIN coverage under other aspect of the bill. Best to wait for the experts to “score” this (Kaiser Family Foundation will be working on this now) before we judge it.
It will take insurance away from millions of individuals and cripple state budgets by phasing out Medicaid expansion.
See above. It does appear, however, that the program needs to be richer at the lower end to be functional. We’ll find out HOW much richer after the CBO and third parties finishes scoring.
It gives health insurance companies a tax break for CEO pay over $500,000.
Very misleading. Under current, Clinton-era law, companies do not get to write off CEO salaries over 1M; the vast majority of the egregious CEO pay one reads about is not salary, but is paid in stock grants and options. If the ACA (and I did not know this previously) changes that formula for the health insurers only, then that is selective and is *technically* unconstitutional. As nice as it sounds to put higher corporate taxes on the health insurance executives CEOs compensation…….it’s unfair. Change the law for everyone, or no one.
It defunds Planned Parenthood, leaving millions without access to breast exams, birth control, and pap smears.
Let’s just say that this is the wrong venue to address what Planned Parenthood does and does not do, and leave it at that. This part of the bill should be stricken.