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14 min reading time
Hopefully nothing. It faces stiff opposition in the Senate.
But I chose the American Health Care Act (AHCA) as this week’s topic because nearly every major constituency affected by the bill opposes it.
A concise writeup at http://medcitynews.com/2017/05/what-will-the-senate-do-with-ahca
• The AARP called the health bill “deeply flawed” because it would weaken Medicare and lead to higher insurance premiums for older Americans.
• The American Medical Ass’n said it would undo health insurance coverage gains, hurt public health efforts to fight disease, and destroy Medicaid.
• The American College of Cardiology said the AHCA would allow states to bypass existing federal protections for sick and elderly people, and potentially undermine coverage for critical services for patients with heart disease.
• Drug, medical device, and hospital industries played no part in shaping the AHCA.
• The Congressional Budget Office (CBO) did not perform an updated analysis of costs and benefits. But it found the Medicaid provisions in the March bill would reduce the number of covered people by 14 million by 2026 and slash costs by 25%. See http://bit.ly/AHCA-bill.
If, as the MedCity article suggests, bill passage was about giving Republicans a much-needed win toward their “repeal-and-replace Obamacare” pledge – and not about lowering costs and widening healthcare coverage – how can we (American device companies, employees, and other citizens) persuade our lawmakers to honor their other pledge: To make healthcare affordable to all citizens?
My question for the group: If the Obamacare repeal goes through in the form of this AHCA bill, will the economics of healthcare resemble a pre-Obama scenario?
What impact will it have on our industry?
Stratos Product Development quietly and abruptly shutters doors
What happened(?) and how we can help their 64 employees find work?
Make it a great week.
“…as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do.”
“….to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity…”
I know many people from countries with socialized medicine who think it is just great. I even know people who are citizens of some of those countries, who live in the US, have US healthcare insurance, and yet are willing to pay the cost to travel back to their countries for their healthcare, because they think it is better than the healthcare here.
I hope to retire to one of these countries myself, not for the socialized medicine, but because these countries usually have a complementary private-pay system. Then I can pay for my actual healthcare (not insurance) out of my own pocket, a privilege I have been repeatedly denied in the US. Then I can have some reasonable hope that it will serve my needs instead of those of third-party payers and industry.
The rationales for large punitive awards are the same as those for the death penalty: retribution and deterrence.
Hugh F. McCann, Jr
Mark C Adams, MBA
Mark Proulx, CQA, cSSBB, MS-GSD
Freddy Altomari, MBA
Maybe we should be more grateful that there are programs in place. Even though taxation was the very reason we fought for independence.
On another note, if you have insurance under and employers plan, the AHCA does not impact you. It covers such a small population of the United States but the media would have us believe otherwise.
Hey, at least the legislators were able to read this bill before they voted on it.
Let’s see if McConnell stays firm. If so Senate version will be an immediate and complete repeal/replace rather than a House phase 1, 2 & 3 over 3 years. The House version would not have any significant impact on rising premiums and deductibles until after year 3.
James V. Rohde
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