Modern Healthcare September 26, 2017
Don’t kid yourself. We haven’t heard the last of repealing and replacing Obamacare.
The GOP’s latest attempt to undermine the law failed because three Republicans, the bare minimum, had enough sense to oppose legislation that would create chaos throughout one-sixth of the U.S. economy. The Graham-Cassidy bill would have given every state just two years to completely revamp their Medicaid programs and individual insurance markets with an estimated $1 trillion less money over the next decade.
According the best available estimates (the usually reliable Congressional Budget Office could only give directional estimates for what 50 state legislatures might do), tens of millions of Americans would have lost insurance coverage. Hundreds of thousands of healthcare workers would have lost their jobs....