On March 6th, the House of Representatives Ways and Means Committee sent off legislation (Trumpcare?) to repeal and replace Obamacare through the “budget reconciliation process.” A section by section look of this legislation is available in a link at the bottom of this article. This is the beginning of the process, but it appears Republicans have reached some type of consensus on key points.
- Mandatory health insurance replaced with a 30% premium surcharge for failure to maintain continuous insurance.
- HSA contribution limits increased substantially to $6,550 (Single) and $13,100 (Family)
- Flexible Spending Account limits repealed (employers will establish the plan limit)
- Subsidies replaced with reimbursable tax credits, of up to $14,000 per family
Meanwhile, in February, California Senator Licardo Lara helps introduce the Health California Act, which threatens to force a California government plan on all Californians
“Every California Resident will have one plan” [press release]
For now, the bill states intent only, no details and no funding. I just hope the finish repairing the Oroville dam, first.
Trumpcare Downloadable PDFs
Here’s the PDF download issued by the Ways and Means Committee: https://waysandmeans.house.gov/wp-content/uploads/2017/03/03.06.17-Section-by-Section.pdf
Here’s the committee’s press release:
Additional resources on the American Health Care Act: