AHCA In Context of Social Justice: A Conversation with Jason Silverstein (June 1st)
www.thehealthcarepolicypodcast.com
Listen now (26 mins) | Listen Now This past May 4, US House or Representative Republicans passed the American Health Care Act (AHCA). The bill, defined by Republicans as a repeal of the Affordable Care Act (ACA), is now under debate among Senate Republicans. (Neither any House Democrat voted for the AHCA nor are there any Senate Democrats expected to vote for related Senate bill should it make the Senate floor.) Per the Congressional Budget Office's (CBO) estimate of the AHCA's spending and revenue effects, published May 24, the AHCA would cause 14 million Americans to lose their health insurance in 2018 and 23 million by 2026, 14 million of this latter total would be Medicaid recipients. This is because the AHCA would cut $834 billion from the Medicaid program over the ten year budget window, or by 2026. The cuts in Medicaid spending, along with substantial reductions in tax credits, would allow for ACA taxes, approximately $600 billion, to be rescinded. For example, the ACA's 3.8% tax applied to capital gains for family incomes over $250,000 and a 0.9% Medicare surtax on wage income in excess of $250,000 per year, i.e., tax cuts that would benefit the comparatively wealthy.
AHCA In Context of Social Justice: A Conversation with Jason Silverstein (June 1st)
AHCA In Context of Social Justice: A…
AHCA In Context of Social Justice: A Conversation with Jason Silverstein (June 1st)
Listen now (26 mins) | Listen Now This past May 4, US House or Representative Republicans passed the American Health Care Act (AHCA). The bill, defined by Republicans as a repeal of the Affordable Care Act (ACA), is now under debate among Senate Republicans. (Neither any House Democrat voted for the AHCA nor are there any Senate Democrats expected to vote for related Senate bill should it make the Senate floor.) Per the Congressional Budget Office's (CBO) estimate of the AHCA's spending and revenue effects, published May 24, the AHCA would cause 14 million Americans to lose their health insurance in 2018 and 23 million by 2026, 14 million of this latter total would be Medicaid recipients. This is because the AHCA would cut $834 billion from the Medicaid program over the ten year budget window, or by 2026. The cuts in Medicaid spending, along with substantial reductions in tax credits, would allow for ACA taxes, approximately $600 billion, to be rescinded. For example, the ACA's 3.8% tax applied to capital gains for family incomes over $250,000 and a 0.9% Medicare surtax on wage income in excess of $250,000 per year, i.e., tax cuts that would benefit the comparatively wealthy.