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Yesterday the Republican leadership in Congress unveiled their proposed replacement for Obamacare.
This is not a repeal. It proudly keeps many of the Obamacare provisions that have made health insurance unprofitable, which is why Obamacare and the entire health insurance industry is going bankrupt. First, the Republican proposal keeps the Obamacare requirement that forces insurance companies to accept applicants with pre-existing conditions at no extra charge. Insurance cannot work under this condition. Second, the plan forces insurance companies to cover the children of customers until they are 26.
Several articles today outline the stupidity of this new plan:
From the first article above:
The first thing to understand about the GOP healthcare bill is that it is not merely Obamacare-lite or a bad “replacement” bill. It doesn’t repeal the core of Obamacare in the first place. In fact, the few parts that it repeals or tweaks within a few years will actually intensify the death spiral of Obamacare when mixed with the core regulatory structure, exacerbated by the subsidies that they do keep. And this time, the GOP will own it politically. All of it.
As I say, this is downright stupid. By trying to “fix” this horrible law, all the Republican leadership accomplishes is to poison themselves with it, something Republicans have so far been able to avoid.
The Republicans shouldn’t be passing a different version of Obamacare, they should be trying to repeal it entirely. If the Democrats continue to obstruct, they will then have to face the voters in 2018 in an election that does not favor them to begin with.