SCOOP: Leaked GOP Obamacare replacement shrinks subsidies, Medicaid expansion
Exclusive: Leaked GOP Obamacare replacement shrinks subsidies, Medicaid expansion
The replacement would be paid for by limiting tax breaks on generous health plans people get at work.
A draft House Republican repeal bill would dismantle Obamacare subsidies and scrap its Medicaid expansion, according to a copy of the proposal obtained by POLITICO.
The legislation would take down the foundation of Obamacare, including the unpopular individual mandate, subsidies based on peoples income, and all of the laws taxes. It would significantly roll back Medicaid spending and give states money to create high-risk pools for some people with pre-existing conditions. Some elements would be effective right away; others not until 2020.
The replacement would be paid for by limiting tax breaks on generous health plans people get at work an idea that is similar to the Obamacare Cadillac tax that Republicans have fought to repeal.
the rest:
http://www.politico.com/story/2017/02/house-republicans-obamacare-repeal-package-235343