From CNN Breaking News@VERT to no-reply@siteservices.cnn.com on Thu Jul 13 10:08:30 2017
Senate Republicans unveiled their newest health care bill as they continue to search for the majority needed to repeal and replace Obamacare.[1]
The revision includes a version of Sen. Ted Cruz's amendment, which would allow insurers offering Obamacare plans to also offer cheaper, bare-bones policies. 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.
It also contains significant new funding for opioid treatment and money for states meant to lower premiums for high-cost enrollees. It would keep two Obamacare-era taxes on the wealthy and maintain significant cuts to Medicaid, meaning 15 million fewer people could be insured by the program by 2026.
Senators walking into a meeting of fellow Republicans mostly said they were unfamiliar with the revised bill. Read the bill here.[2]
Also Thursday, GOP Sens. Lindsey Graham of South Carolina and Bill Cassidy of Louisiana proposed an alternative approach[3] to replacing Obamacare that would keep much of the federal taxes in place and send that money to states to control.
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