After the failure of the American Health Care Act (AHCA) on the 24th of last month, President Trump and his team have seemed to shift their focus to tax reform. Slow progress to achieve major tax reform and a renewed interest in fixing the “broken” Obamacare have pushed Republicans to come up with a better plan that last one that miserably failed in the Congress. Despite Mr. Trump’s former plan to let O-Care explode in the Democrats’ faces, the R’s are adamant in finding a strong fix for the Affordable Care Act that has raised rates and decreased coverage for many people. Here are five facts that come from sources familiar with the amendment as well as a Freedom Caucus member about the New GOP Repeal and Replace Bill:
1. It’s meant to bridge the gap between the Freedom Caucus and the moderates.
With the original AHCA, there were well over 30 Republicans in the house who were prepared to vote “no”. Most moderate Republican’s liked it, but the members of the more conservative Freedom Caucus couldn’t get on board. They complained that the AHCA too closely resembled Obamacare because it was not “free-market” enough for them.
2. Now, it has a much better chance of making it through the House.
“A Freedom Caucus source told CNBC the changes to the health bill would secure 25 to 30 ‘yes’ votes from the Freedom Caucus, and the new bill would get ‘very close’ to 216 votes. The source said that 18 to 20 of those ‘yes’ votes would be new.”
3. It keeps many of the good parts of the ACA.
As the original AHCA would, it still doesn’t discriminate based on pre-existing conditions, and children can stay on their parents’ plan up to the age of 26.
4. It creates a limited waiver program.
The amendment would create an option for states to obtain Limited Waivers from certain federal standards is created, to lower premium costs and expand the number of insured persons. In other words, states can get out of certain regulations if it would make the bill more effective and efficient.
5. There is no vote scheduled on the bill, yet.
Although no vote is scheduled in the immediate future, the amendment (and the bill itself) could be voted on as early as next week. Discussions between top GOP members are expected to take place on Saturday.