Trump's Tax Bill Would Decimate the Affordable Care Act
President Donald Trump and Republicans big, beautiful, tax bill already promises to leave millions of Americans without access to Medicaid and food assistance programs. The GOP is using Congress massive budget reconciliation bill to slash taxes on the wealthy and enact a host of right-wing policy dreams, and among them is the fulfillment of their more than decade-long fixation on gutting the Affordable Care Act (ACA).
Republicans plan to allow for the expiration of subsidies that help people afford individual health insurance plans, a move that would lead to a steep rise in prices for Americans who purchase coverage through the ACA marketplace.
The version of the reconciliation bill passed Thursday by the House of Representatives would also prohibit passive re-enrollment for ACA plan users who receive financial assistance; increase penalties for incorrect reporting of income; place further restrictions on enrollment periods; and create new bureaucratic hurdles to obtaining premium tax credits, in ways that experts say will cause many to forgo or lose coverage.
In addition to the bills efforts to force millions off Medicaid and trim payments to health care providers for patients on the safety-net program, which provides health insurance to low-income and disabled Americans, the legislation would slash states funding for Medicaid if they allow undocumented migrants or lawfully present individuals (mostly children) to enroll in ACA plans.
https://www.yahoo.com/news/trump-tax-bill-decimate-affordable-133000601.html