According to Business Insider, yesterday House Republicans finally released their proposed legislation to repeal and replace the Affordable Care Act (ACA).
The American Health Care Act (AHCA), like its forbear, relies on tax credits to cover the cost of health insurance. These will be block tax credits based on age, unlike the ACA’s credits that were based on income and residency. And while House Republicans have begun taking steps to move it along, many legislators have their qualms with the Act.
Democratic representatives Frank Pallone and Richard Neal of the House Energy and Commerce Committee and the Ways and Means Committee stated their frustration in a statement:
The Republican repeal bill would rip healthcare away from millions of Americans, ration care for working families and seniors, and put insurance companies back in charge of healthcare decisions — contrary to everything President Trump has said he would do with his healthcare plan
In fact, the Bill will have to be marked up by the Energy and Commerce Committee before passing on to the House. The AHCA faces a long road ahead, but with the release of this bill, House Republicans are tangibly closer to achieving their endgame.