Obamacare has turned our health care system upside down. Hardworking American families have been hurt by the skyrocketing premiums lack of affordable choices and cost increases that have stemmed from the failed designs of this disastrous law.
Today the House Energy and Commerce Committee has taken a very important first step to provide relief and put an end to the mounting failures of Obamacare. The American Health Care Act which combines legislation passed by both the Energy and Commerce Committee and the Ways and Means Committee begins our work towards a 21st century health care system that lowers costs encourages competition and most importantly empowers patients to take control of their health care decisions.
It also ensures that each and every American regardless of previous coverage or any preexisting condition will not lose coverage as we move forward.
With the advancement of the American Health Care Act we are keeping our promise to repeal and replace Obamacare. We expect this legislation to be considered by the House of Representatives later this month. When this legislation becomes law hardworking American families will begin to feel relief from Obamacare and the greater access improved costs and more personal choice from Americas new 21st century health care system.
I remain committed to working with my Congressional colleagues and the Trump administration to deliver a 21st century health care system.
Background
The Energy and Commerce Committee legislation:
- Responsibly unwinds Obamacares Medicaid expansion By freezing new enrollment at the end of 2019 and grandfathering in current enrollees we protect patients and offer a stable transition.
- Strengthens Medicaid Using a per capita allotment our legislation ensures a fair funding formula for states while creating a viable financial future for the program.
Creates a Patient and State Stability Fund This new and innovative fund give states broad flexibility to design programs that best serve their unique populations. They can also use funds to increase access to preventative services.
- Repeal Obamacares massive taxesincluding eliminating the unpopular individual and employer mandate penalties that have forced Americans to buy expensive insurance they do not want or need;
- Help Americans access health care options that are tailored to their needs by providing a monthly tax credit; and
- Empower individuals and families to spend their health care dollars the way they want by enhancing and expanding Health Savings Accounts.
