The House Healthcare Plan

Here’s what the plan looks like that the House of Representatives passed. Their plan is called the American Health Care Act
1. People under age 26 may remain on parents insurance or get insurance independently
– This popular rule allows young people to retain health insurance while they are shifting from college to finding a stable job in the workforce.

2. 24 million could lose coverage, per CBO
– Some of these individuals are not “losing” coverage, but deciding against purchasing insurance.

3. Use tax credits, capped at $4,000, to pay premiums (based on age, not income)
These tax credits will be based on age, allowing high-earners to get a tax break on health insurance.

4. People ages 50-64 pay 5x more than young people
– Under Obamacare, people in this age bracket pay 3x more than young people known as the “3:1 rule”

5. States may get permission to let insurers charge more for some pre-existing conditions and exclude some altogether. Federal contributions used to help with expensive policies and/or conditions.
– This will allow insurers to ensure they do not lose money covering people that need a lot of medical care.

6. One year block on reimbursements to Planned Parenthood
– The federal government will stop sending money to this organization– a place where abortions are performed routinely.

7. Repeal Obamacare-mandated taxes on corporations and the wealthy
– These taxes stifle the ability for companies and hospitals to innovate, offer competitive pay and have lower costs.

8. Federal contributions to Medicaid begin declining in 2020
– The federal government will begin to cut funding for the Medicaid program slowly starting in 2020.

Healthcare and Insurance Infographics