GOP Obamacare Replacement Gyps Older Americans; Gives wealthy $600 Billion tax break
MSNBC – excerpt
MSNBC’s Ali Velshi summed up the problem with the GOP’s Obamacare replacement plan succinctly: The winners are the young, the wealthy, and insurance companies. The losers are the elderly, poor, and sick. That seems like the opposite of what would be morally just – and smart policy – for the wealthiest nation on earth. Instead, the healthiest and wealthiest benefit while the sickest and most vulnerable suffer under this new plan. Our nation’s seniors, in particular, will fare significantly worse if the American Health Care Act (as it’s benignly named) becomes law, because it weakens Medicare and radically restructures Medicaid – two of the most important federal programs for the elderly. Meanwhile, the bill gives the wealthy a $600 billion tax cut over ten years.
Here are some of the most harmful facets of the GOP plan affecting seniors:…
*Allows insurance companies to charge older Americans up to five times more than younger enrollees, putting health coverage out of reach for millions of middle-aged Americans and younger seniors… (more)
This program looks like a real job killer. Health care workers and patients will be the big losers. How is this going to solve the insurance affordability problem?