THE AMERICAN HEALTHCARE AC

OK, folks, you will see all kinds of scare tactics on this to force the Senate to vote down this new Healthcare Act.

Let’s face it, Obama Care (The Affordable Care Act) that is only affordable for those who don’t work and don’t pay taxes, or for those who qualify for help. The rest of the taxpayers in this country can’t afford the good coverage that they receive. Also, they are loosing Insurance Companies like flies. It is a failure, but Democrats refused to make the necessary changes or can’t. Also, the Govt. has gone into areas where they have no business going, “forcing employers and employees to pay for abortion which they believe is murder”. This bill changes the necessary ingredients and leave it open for more corrections in the future.  Here is some of the reliable information I thought you might be interested in. _______________________________________________________________________________

WHAT’S THE BIG PICTURE?
The American Health Care Act (AHCA) is the Republican plan to repeal and replace Obamacare.
HAVEN’T I HEARD THIS BEFORE?
Yes. About six weeks ago, Republicans came close to voting on the AHCA. Ultimately, the bill was pulled. So, moderate and conservative Republicans spent time working together to improve the legislation.
WHAT ARE THE DETAILS?
The updated AHCA is the same bill as before, but with three important changes.
Palmer/Schweikert Amendment: creates a new federal risk-sharing program, a high-risk pool that will lower costs for people with pre-existing conditions, and lower costs for everyone else.
The MacArthur Amendment: allows states to apply for waivers to three of Obamacare’s costliest mandates: essential health benefits; age rating; and community rating, but only if the state has a risk-sharing program to help individuals with pre-existing conditions afford coverage.This new flexibility will allow states to design insurance frameworks that are right for their unique populations, providing superior care and lowering costs for patients.
The Upton-Long Amendment: dedicates $8 billion solely to reducing premiums and other out-of-pocket costs for patients in the individual market with pre-existing conditions who do not maintain continuous coverage and who live in states that receive a waiver to redesign their insurance market.
SO… IS IT LAW?
Not quite. Next it goes to the Senate and then to the White House, where it is signed into law. Don’t worry. We’ll keep you updated every step of the way.

WAIT, IS CONGRESS EXEMPT?

No. Yesterday, Congress also voted on the McSally Bill, which ensures that Members of Congress and their staff live by the same health care rules as everyone else.
___________________________________________________________
NOW FROM THE HOUSE GOP
We did it!
Today, the House voted to pass the American Health Care Act, fulfilling the promises we made to repeal and replace Obamacare.
Today, we voted to offer relief to all Americans suffering under Obamacare’s burdensome weight.
Today, we made history.
Once signed into law, our country will have relief from soaring premiums, evaporating choices, and top-down government mandates. Through the AHCA, we are lowering costs, increasing choice, and returning power back to the people.
Together with President Trump, we’ve passed a bill that:
Dismantles Obamacare taxes
Eliminates the individual and employer mandate penalties
Protects those with pre-existing conditions
Modernizes and strengthens Medicaid
Empowers individuals and families through HSAs
Provides monthly tax credits for low- and middle-income families
While this is a monumental first step, it is only the first step. There is still work to be done.
Secretary Tom Price at the Department of Health and Human Services will take administrative actions to create a healthier insurance market and alleviate the burden the harmful health care mandates imposed on Americans.
Congress will also consider more smaller pieces of legislation to continually improve our health care system.
Thank you so much for your support. Now, let’s celebrate the passing of the AHCA!____

EFFECTS OF THE AFFORDABLE CARE ACT ON ECONOMIC PRODUCTIVITY

BY Casey Mulligan, Ph.D in economics, Univ. of Chicago

The topic of my talk today is the economic side effects of the Affordable Care Act (ACA) (or Obamacare).Since most of the economy has to do with labor and work, that’s where I’ll start. …… From an economic or labor-market perspective, I’m going to explain how the costs of the ACA outweigh its benefits. …………………………..

The Key economic concept required to understand the labor market effects of the ACA is what economists call “tax distortions.” Tax distortions are changes in behavior on the part of businesses or household for the purpose of reducing their taxes or increasing their subsidies.  We call them distortions because they don’t occur for real business or real personal reasons.  They occur because of the tax code. ……..

THE EMPLOYER MANDATE/PENALTY/TAX   So what are the tax distortions that emanate from the ACA? Here let me simply focus on two aspects of the law:  the employer mandate or employer penalty-the requirement that employers of a certain size either provide health insurance for full-time employees or pay a penalty for not doing so; and the exchanges–some-times they’re called marketplaces–where people can purchase health insurance separate from their employer.  The mandate or penalty is intended, of course, to encourage employers to provide health insurance.  And the exchanges are where the major government assistance is provided, since those who purchase insurance in an exchange typically receive a tax credit. As I’ll explain, taken together, the penalty on employers and the subsidies in the exchanges add up to a tax on full-time employment-a tax that you pay if you work full time but not if you work party time or don’t work at all.  And the problem with that, of course, is that by taxing full-time work–which is the same as subsidizing part-time work and unemployment–you get less of the former and more of the latter two.

(this article goes on to explain the ramification of the above penalties and tax. and ends:)

In summary, the ACA has three major taxes in it.  Two are taxes on full-time employment and the other is a tax on income.  they may be implicit, they may be hidden, politicians may not call them taxes, but that’s what they are.  Their economic impact on workers varies widely, effecting low-skill workers the most.  They create all kinds of productivity problems and will have visible and permanent effects on the economy…………………I have estimated that employment will be three percent less over the long term because of the ACA, and that national income–or GDP, if you like to think of it that way–will be two percent less.  If you look at the productivity costs alone–forgetting the fact that there will be a number of people not working anymore–they come to $6,000 per person who gets health insurance because of the law.  And I’m not beginning to count the payments needed of health care providers.

In Conclusion. I can make you this promise: If you like your weak economy, you can keep your weak economy.

YOU CAN READ THE WHOLE REPORT AT:  http://www.hillsdale.edu    under IMPRIMIS.  LOOK IN THE archives for Nov. 2014 Effects of the Affordable…..