Draft Republican Health Care Bill Kills Medicaid Expansion, Taxes on Uninsured & Wealthy

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Draft Republican Health Care Bill Kills Medicaid Expansion, Taxes on Uninsured & Wealthy

Feb, 28th 2017

A draft Republican bill replacing President Barack Obama's health care law would end its Medicaid expansion, scrap fines on people not buying insurance and eliminate taxes on the medical industry and higher earners. Instead, it would create tax credits worth up to $4,000, allow bigger contributions to personal health savings accounts and impose a new levy on expensive health coverage some employees get at work. The 105-page measure largely tracks talking points that House Speaker Paul Ryan, R-Wis., unveiled last summer and a similar outline that GOP leaders recently gave lawmakers. The document is 2 weeks old, and GOP aides said it is subject to change. Still, it provides some new details of Republican thinking and reaffirms others, such as blocking federal payments to Planned Parenthood for...

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