Senate Majority Leader John Thune and Senate Republicans are offering " individuals earning less than 700% of the federal poverty level would receive $1,000 in HSA funding for those between age 18 and 49 and $1,500 for those age 50-64."
The proposal would do away with the enhanced tax credits, and instead take the extra money from those tax credits and put it into health savings accounts for those who purchase bronze-level or "catastrophic" plans on the ACA exchanges. Republicans say this will help Americans pay for out-of-pocket costs.
"The Democratic-led bill would extend the expiring ACA tax credits for three years. "
So, the Republicans are offering $1,000 to Affordable Care Act (Obamacare, ACA) insurance holders without realizing that many of them have a large deductible (thousands) already and monthly payments are going up monthly in some cases more than the $1,000.
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Status update on House
Status update on House Republicans and a health care plan, after this morning’s conference meeting:
“The consensus is we need to come up with something,” [Republican] Rep. Ralph Norman says.
He "has served as the U.S. representative for South Carolina's 5th congressional district since 2017."
Hint:
(in reply to bizgrrl)
Bernie Sanders has a plan. If we'd elected him in 2000 we'd already be past this.
Well, Obama proposed a good
(in reply to fischbobber)
Well, Obama proposed a good plan. The final version is a good start. It's the Repubs that are causing the problems.