The main industry group representing health insurance companies has broken its silence on the Republican bill to repeal the Affordable Care Act and “replace” it with smaller reforms. And America’s Health Insurance Plans is concerned that the GOP plan provides too little financial assistance for people buying their own health insurance and cuts Medicaid funding too much. America’s Health Insurance Plans supports the fact that the legislation doesn’t touch Medicare or job-based health insurance. That and other provisions are designed to stabilize the health insurance market in the next several years before the GOP’s bigger changes would take effect. The GOP bill pegs its tax credits to age, rather than to income like the Affordable Care Act.

Source: Huffington Post March 08, 2017 23:37 UTC