Senate GOP to release new draft of healthcare bill Thursday

Getty Images

Getty Images

The Trump tax reform plan, the House health bill, and the original Senate health bill abolished the Obamacare 3.8% Net Investment Income Tax.

At least two versions are in contention: the revised version, and a version that also includes an amendment from Republican Sen. This is meant to appeal to conservatives, but could also drive away moderates who are concerned the amendment would cause premiums to spike for those with pre-existing conditions.

Collins tweeted, "Still deep cuts to Medicaid in Senate bill". The new bill, like earlier versions, would convert Medicaid from an open-ended entitlement to a system of fixed payments to states.

Heller, who is facing a tough reelection race in 2018, had opposed the initial version of the bill in strong terms, warning of its cuts to Medicaid and the millions of people who would lose coverage.

Sen. Majority Leader Mitch McConnell on Thursday introduced yet another bill he and Republicans in the Senate hope can successfully replace the Affordable Care Act.

Such differences were never fully eliminated by the Affordable Care Act, as 19 states did not take the Medicaid expansion money Obamacare offered to cover more low-income residents.

"All Obamacare taxes should be repealed".

A leading health insurance lobbying group says the bare-bones plans would lead to higher premiums for sick people interested in buying less coverage than they need.

McConnell has convened his conference for an all-senator meeting Thursday morning where he is expected to roll out the changes to the bill, which he originally pulled from the floor at the end of June. But it remains to be seen whether he can satisfy moderates and hard-line conservatives in his party who have voiced opposition.

"A few cosmetic changes won't change the fact that the bill will hurt SD families to give tax breaks to the rich", Democrats said in the social media post.

Senate Majority Leader Mitch McConnell of Ky., joined by Majority Whip John Cornyn of Texas, meets with reporters after a closed-door Republican strategy session, Tuesday, July 11, 2017, on Capitol Hill in Washington. "A blue state is going to do a blue thing, a red state is going to do a red thing", Cassidy said on CNN.

· Federal dollars now spent on Obamacare health insurance - an estimated $110 billion in 2016 - would be block-granted to the states. It would mostly reduce subsidies and cause out-of-pocket costs to rise, as the CBO said about the previous bill.

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