Everything you need to know about the new GOP Healthcare Bill

Don’t freak out…yet.  The bill has been passed in the House, but not in the Senate.  Thus it is not official nor is it a rule.

13 republican house members worked to write and pass the bill.

All of these house members are male.

The bill is focused on repealing Obama’s Affordable Care Act.

Coverage for individuals with pre-existing conditions will become much more expensive.

If a state decides to waive the federal law’s protections, people with pre-existing conditions can be charged higher premiums or, even, be denied coverage altogether.

Under an amendment to the bill developed by Rep. Tom MacArthur (R-NJ), states can seek a waiver that will allow insurance companies to charge patients more (based on their health history) if their coverage lapses for more than 63 days.  For a list of pre-existing conditions, click here.

On the plus side, people who choose not to purchase insurance would no longer be penalized.

Larger employers would no longer have to offer coverage to employees.

Older individuals who have lower incomes and live in high-premium areas will suffer. Essentially, insurance companies could charge older customers five times as much as younger customers, instead of three times as much under the Affordable Care Act.

Younger, healthier individuals with higher incomes who have insurance could experience lower premiums.  This group could also receive certain federal aid.

During Trump’s presidential campaign, his main focus was repealing and demolishing Obamacare. He aimed to provide “insurance for everybody.” Under the House’s reformed bill fewer people will be covered than that of Obamacare.  The rapidly passed bill allows insurers to raise deductibles and out-of-pocket costs and cuts Medicaid.

Services that protect and help women will be reduced.  Planned Parenthood will not be able to receive Medicaid or other federal funding for a year.  It could also mean increased cost for women who have had a c-section birth or who have suffered from postpartum depression.

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