Tag: Republicans

Mar
08
2017

GOP Releases Legislation to Gut and Replace ACA

by CoreMark | posted in Blog

House Republicans have filed legislation that would repeal most of the Affordable Care Act, including measures to eliminate the employer and individual mandates. But from the get-go the legislation – backed by the House leadership – was panned by the GOP’s conservative wing, which said it doesn’t go far enough to completely get rid of the ACA, casting doubt on the prospects of it getting passed. And Congressional Democrats immediately voiced their absolute opposition to the bill, vowing to vote ‘No’ on the legislation. While passage in the House would be a bit easier, the slim 51-49 vote edge that…
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Mar
04
2017

Republicans Consider Axing Tax Exclusion on Employer-sponsored Plans

by CoreMark | posted in Blog

As work on trying to overhaul the Affordable Care Act continues, lawmakers are considering a bold and what would likely be a controversial move to eliminate the tax exclusion for employer-sponsored health benefits. The amount of taxes that are not collected as a result of the exclusion amounts to about $216 billion a year according to the Tax Policy Center, and is therefore a significant pool of untapped funds. The current exclusion has its roots dating back to World War II when the government ordered that wages be frozen and tax-free health insurance be available. The notion of now taxing…
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Feb
15
2017

Republicans Consider Fixing ACA, Not Repealing It

by CoreMark | posted in Uncategorized

The steamroller everyone expected from President Trump and the GOP-led Congress to flatten the Affordable Care Act has been put on idle and what was a promised quick outright repeal has morphed into a plan to “repair” the law. In particular, Republican lawmakers, huddling while trying to devise a repeal-and-replace plan, have instead found that it won’t be so easy, unless they want to cut off millions of people from the health insurance they have purchased on exchanges. They are most concerned with the political fallout should that happen, not to mention the fact that a repeal would also do…
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Jul
08
2016

Republicans Unveil Two Proposals to Replace/Augment the ACA

by CoreMark Insurance Services | posted in Blog

Republicans in June introduced two sweeping proposals for replacing or augmenting the Affordable Care Act, as they seek to blaze a trail they say will be better for both employers and individual Americans. Rep. Pete Sessions, (R-Texas) and Sen. Bill Cassidy, (R-Louisiana), introduced H.R. 5284, which they call an “alternative” health care bill which will not repeal the ACA, but work alongside it and modify various parts of the system. The so-called “Health Empowerment Liberty Plan” (HELP) includes conditions for helping Americans purchase health insurance, but also keeps in place ACA provisions that bar health insurers from discriminating against people…
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