Senate GOP unveils 'Obamacare' overhaul, but not all aboard

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Sen. Susan Collins, R-Maine, speaks amid a crush of reporters after Republicans released their long-awaited bill to scuttle much of President Barack Obama's Affordable Care Act, at the Capitol in Washington, Thursday, June 22, 2017. House Speaker Paul Ryan, with an occasional assist from President Donald Trump, finally succeeded in persuading a bare majority of House Republicans to pass a repeal and reform bill. He also says it "hands enormous tax cuts to the rich and to the drug and insurance industries, paid for by cutting health care for everybody else".

"We've been in the backseat of Thelma and Louise's convertible for quite a while, and we're getting pretty close to the canyon". Two Republican senators, Susan Collins of ME and Lisa Murkowski of Alaska, have said that they are reluctant to support a bill that would gut funding for health care providers like Planned Parenthood. Pat Roberts of Kansas.

"Senate Republicans weren't making the House bill better".

An independent analysis of the Senate legislation from the nonpartisan Congressional Budget Office is expected in the next several days.

An expansion of Medicaid benefits now offered under Obamacare would be phased out beginning in 2020 and shut down completely by 2023, senators said. Insurers that specialize in Medicaid also gained, with Centene Corp (CNC.N) up 2.2 percent and Molina Healthcare Inc (MOH.N) rising 2.4 percent.

Speaking on the Senate floor Wednesday night, U.S. Sen.

Not the least because of the bill's promise to end essential benefits for people covered under Medicaid expansion by 2020.

"As I have consistently stated, if the bill is good for Nevada, I'll vote for it and if it's not - I won't", Heller said. "That's going to create controversy with some people on our side who want to do it sooner".

The bill would phase out the extra money Mr Obama's law provides to states that have expanded coverage under the federal-state Medicaid program for low-income people. Unlike the House plan, it does not allow states to apply for a waiver to opt out of those rules.

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I hope our Senators ask themselves - what will happen to the Americans grappling with opioid addiction who suddenly lose their coverage? These bills would decimate Medicaid with more than $800 billion in spending cuts over a decade, weaken the Medicare trust fund, and leave tens of millions more people without insurance than under current law. Instead, it entices people to voluntarily buy a policy by offering them tax credits based on age and income to help pay premiums.

"The ACR supports the Senate's decision to include an appropriation for cost-sharing subsidies through 2019". Healthcare is a top priority for voters, and many Republicans fear a legislative misstep could hurt them.

Many Republican senators are also concerned about further destabilizing insurance markets that have already been buffeted by uncertainty about the Trump administration's commitment to keeping the markets afloat. Additionally, Fox News' Peter Doocy stated the bill appeared "more moderate than the House version" because it would "let states that took more Medicaid money" under the ACA's Medicaid expansion "keep more of it for longer than the House bill would".

Despite controlling both chambers of Congress and the Oval Office, the health care legislation is still likely to face a tough fight to get the 51 votes needed for passage (in actuality, the threshold is at 50 votes, as the shoe-in vote of Vice President Mike Pence would bring the total yeas to 51).

"We are asking all Tenet colleagues to. support the grassroots campaign by calling your USA senators to oppose any legislation that would result in millions of people losing their health care coverage", wrote Daniel Waldmann, Tenet's senior vice president for public affairs.

Senate Republicans unveiled a 142-page draft bill Thursday to repeal and replace the Obama health care law.

The law has grown in popularity and many more Americans are insured, making the new safety net hard to unravel.

The Tea Party-aligned group FreedomWorks also said in s statement that the bill doesn't live up to promises by Senate Majority Leader Mitch McConnell, R-Ky., of a full repeal of the ACA.

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