Senate health care bill: What is in it? Read it here

Donald Trump acknowledges House Speaker Paul Ryan as he gathers with Congressional Republicans in the Rose Garden of the White House after the House of Representatives approved the American Healthcare Act to repeal

Maggie Michael, the executive director of the S.C. Children's Hospital Collaborative, cited a study recently commissioned by the National Children's Hospital Association that found the House health care bill would pull $665 million for non-disabled children out of South Carolina's Medicaid program between 2020-2026.

The Senate's new bill to reshape the United States health care system would hurt Massachusetts, Governor Charlie Baker said Thursday. Starting in 2020, the Senate version would begin shifting increasing amounts of tax credits away from higher earners, making more funds available to lower-income recipients, some of the officials said, the Associated Press reports.

As with the House, the Senate also proposes giving states either a per capita cap on Medicaid spending or a block grant of funds. An expansion of Medicaid benefits now offered under Obamacare would be phased out beginning in 2020 and shut down completely by 2023, the senators said. But unlike Obamacare, which gives a subsidy upfront, the Senate bill would provide a tax credit, to be received after the fact. About 8 million Americans benefited from lower-priced insurance plans. Federal subsidies will also be pegged to income rather than age, which was the guideline in the House proposal. Assuming no Democrat is going to vote yes, if two Republican senators vote no, the vote ends in a 50-50 tie. There is opposition to the bill from half a dozen Republicans and push back from Democrats. You can tell by the fact that they're trying to avoid having to make them by keeping their bill hidden from view until the last possible moment. Rand Paul, R-Ky., told reporters in regards to the tax credits in the GOP plan.

"If the bill is good for Nevada, I'll vote for it and if it's not, I won't", said Heller, whose state added 200,000 additional people under Obama's law.

It would repeal tax increases Obama's law imposed on higher-income people and medical industry companies to pay for expanded coverage.

Other parts of the bill - particularly as they relate to health insurance subsidies - could help South Carolinians.

After weeks of secrecy, Senate Republicans on Thursday unveiled the Better Care Reconciliation Act of 2017, the upper chamber's answer to repealing and replacing ObamaCare. Senators expect that analysis to be done as early as Friday or perhaps Monday. And while the basic structure of Obamacare survives-albeit in withered form-the Senate bill radically reshapes thetraditionalMedicaid program, which covers 59 million Americans. "We'll repeal the employer mandate so Americans no longer see their hours or take home pay cut because of it".

Senate Majority Leader Mitch McConnell is expected to unveil the bill to lawmakers on Thursday morning. That law extended the program to some low-income Americans above the poverty level.

"It's positive for health insurers", the analysts at Capital Alpha, which track health policy for investors, said in a review of the Senate bill.

Both bills roll back a Medicaid expansion undertaken under the Affordable Care Act.

The proposal retains Obamacare's subsidy formula, but makes the aid less generous.

"In a separate statement, Cruz said, ".This bill draft does not do almost enough to lower premiums. "We used to complain like hell when the Democrats ran the Affordable Care Act". None of this is going to change in the Senate version unless the GOP changes its commitment to cutting taxes for the rich.

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