Here's a summary from: http://www.usatoday.com/story/news/p...bill/98826894/ and http://www.nbcnews.com/politics/cong...andate-n729871 - seems like they all miss important points in their articles. I don't see squat about what happens to the exchanges. And it sounds like requirements for employer provided insurance goes away.
And if you have any need to ever be on Medicaid I'd suggest making it happen before 2020 or you may be waiting in line a long time.
Here are the details of Republicans' proposed health care system.
Tax credits: The bill provides tax credits for people to purchase insurance based on age. Twenty-year-olds can receive a tax credit worth $2,000, and the credit grows the older a consumer gets. A 60-year-old can receive a $4,000 tax credit.
The tax credits start to be reduced for a person making more than $75,000 and a couple making more than $150,000 to ensure that high-income patients' insurance isn't being federally subsidized.
Health savings accounts: The bill expands the incentive to use so-called health savings accounts by doubling the allowed-contribution to more than $6,000 per person and $13,000 for a family.
Medicaid: In 2020, Medicaid expansion would be frozen and new people would be barred from enrolling under the income-based system. The new way to provide coverage would allow states to implement eligibility based on population, essentially putting a cap on the number of people who can enroll in the Medicaid.
The measure isn't a full repeal of Obamacare. It would keep some of the most popular components of the Affordable Care Act, including an assurance that people with pre-existing conditions can keep their insurance. It also allows people under the age of 26 to stay on their parents' insurance.
And the bill would not repeal the popular provision barring insurance companies from denying coverage to people with pre-existing health problems. Instead, to keep people from buying coverage only when they need it, insurers could raise premiums 30% for those jumping back into the market.
Here's a much gloomier assessment: http://www.latimes.com/business/hilt...306-story.html
If anyone can balance any of this out with some positive things, it would be good to hear.