Thursday, June 22, 2017

Republicans unveil #Trumpcare

I woke up today to CNN and MSNBC blasting the news that republicans unveiled a draft of Trumpcare.
So when I had time, I went ahead and read the NY times article about it:

https://www.nytimes.com/interactive/2017/06/22/us/senate-health-care-bill.html

"OBAMACARE Imposed new taxes to help pay for coverage expansion. They include taxes on investment income, wages above $200,000, medical devices, prescription drugs and indoor tanning.
SENATE BILL Eliminates most of the taxes. A tax on high-cost employer health plans, established under Obamacare, but yet to kick in, would be imposed beginning in 2026."

Note: "Elminates most of the taxes". Republicans always trying to cut taxes for people with high-income.


"SENATE BILL Allows the 31 states that expanded Medicaid to continue getting federal funding through 2023, with reduced funding starting in 2021. Medicaid expansion would end in 2024.
Separate from the expansion, the bill caps future federal funding per enrollee, based on how much each state has spent historically. States also have the option to receive a lump-sum block grant for some beneficiaries.
The Congressional Budget Office estimated that similar policies in the bill passed by the House would cut more than $800 billion from the program over a decade. The Senate formula would cut the program sharply, substantially reducing future Medicaid spending."

Wow: "Medicaid expansion would end". It doesn't surprise me since Republicans are always trying to pass legislation against poor people. But republican constituents should keep in mind, you don't have to be poor to be a stakeholder in Medicaid (or future stakeholder: for example a future nursing home resident). 
My point is, Trumpcare's decimation of medicaid won't take effect until 2024. You might think that's too far in the future. Nevertheless, you could be a future stakeholder who'll be affected if you're a baby-boomer who'll eventually need financial help to stay at a nursing home. Or, if you're the child of baby-boomer parents with the same eventual predicament.

With Republicans in charge, I often find myself worrying about the future. #Trumpcare just took it to another level: smh.

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