“Repeal & Replace” is on the move! The American Health Care Act is the Republican plan to partially repeal the Affordable Care Act and it is quickly moving through Congress. In this episode, discover exactly what the bill would do if it were to become law. Also, Jen gives status updates on bills listeners are concerned about. Please support Congressional Dish: Click here to contribute with PayPal or Bitcoin Click here to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! Recommended Congressional Dish Episodes CD048: The Affordable Care Act (Obamacare) Bill Outline Read The Bill: The "Repeal & Replace" of The Affordable Care Act Part 1 Summary: House Energy & Commerce Summary Part 2 Summary: House Ways & Means Committee Summary The "Repeal & Replace" of The Affordable Care Act: First Draft Title I - Energy & Commerce Subtitle A - Patient Access to Public Health Programs Sec. 101: Defunds the Prevention and Public Heath Fund at the end of 2018 Sec. 103: Prohibits any Federal funding for any non-profit that performs abortions for a year Subtitle B - Medicaid Program Enhancement Sec. 111: Reduces Medicaid funding Sec. 112: Repeals the Medicaid expansion Sec. 112 (c): Repeals the requirement that Medicaid cover "essential health benefits" as of January 1, 2020. Sec. 114: Prevents Medicaid for lottery winners Sec. 115: Gives $10 billion extra to the "non-expansion States" Sec. 116: Forces States to verify Medicaid eligibility every six months, gives them more enforcement money, and allows $20,000 fines for ineligible people who get Medicaid benefits. Subtitle C - Per Capita Allotment for Medical Assistance Sec. 121: Caps Medicaid funding on a per capita basis. States that spend too much one year will have their Medicaid cut more the following year. Subtitle D - Patient Relief and Health Insurance Market Stability Sec. 131: Repeals the lower out-of-pocket limits for low-income people effective in 2020 Sec 132: Creates a $15 billion a year fund (which is reduced to $10 billion a year starting in 2020) for propping up the health insurance market by paying for "high risk" sick people Sec. 133: Starting in 2019, people who purchase insurance after a coverage gap of 63 days will be charged a 30% penalty for a year. The insurance companies get to keep all the extra money. Sec. 134: The requirements that bronze, silver, gold, platinum level plans exist and must cover certain percentages of expenses and "essential health benefits" are repealed effective January 1, 2020. Sec. 135: Allows insurance companies to charge older people five times more than younger people (they're currently allowed to charge three times more) Part 2: Tax Provisions Prepared by the Ways and Means Committee (page 67) Page 67: Remuneration from Certain Insurers Starting in 2018, insurance companies can get tax deductions on employee pay between $500,000 and $1 million. Page 68: Repeal of Tanning Tax Starting in 2018, the 10% tax on indoor tanning is repealed. Page 69: Repeal of Tax on Prescription Medications Starting in 2018, a fee paid by pharmaceutical manufacturers & distributors will be repealed This will save the industry $2.8 billion per year Page 69: Repeal of Health Insurance Tax Starting in 2018, a fee on large health insurance companies, which is tied to and increases with premium growth rates, would be repealed. This will save the industry approximately $14 billion per year Page 70: Repeal of Net Investment Income Tax Starting in 2018, a 3.8% tax on net income from stock market investments over $200,000 will be repealed Page 71 (Section 1): Recapture Excess Advance Payments of Premium Tax Credits Starting in 2018, the limits on the amount of advanced-paid tax credits that can be taken back from low income people will be repealed. Page 71 (Section 2): Additional Modifications to Premium Tax Credit