After a decade of being in the political wilderness, House Republicans have realized that they’re in charge: President Donald J. Trump runs the White House, and they now control Congress. Recovering from an embarrassing fumble earlier this year to repeal Obamacare, Republicans finally got the job done on Thursday, voting, 217-213 to repeal the Affordable Care Act, which was never affordable – for patients or insurers.
“What protection is Obamacare if there is no option in your state?” House Speaker Paul Ryan asked in floor remarks before the vote was taken.
Ryan went on to inform the nation that Iowa has only one insurer in the state, and that this particular insurer plans to pull out of 94 of the 99 counties. Why? Because it’s totally unsustainable for this company, from a financial standpoint. Iowa is far from the only state where Obamacare is failing (miserably) to provide healthcare coverage to Americans. Alaska had two insurers and is now down to one single-payer system.
Trump reiterated the obvious in a tweet:
“Insurance companies are fleeing ObamaCare – it is dead. Our healthcare plan will lower premiums & deductibles – and be great healthcare!”
Remember, President Barack Obama famously swore to Americans that “If you like your (health insurance) plan, you can keep it.” Well, that was the first big lie of Obamacare. The second was that insurance would be affordable. I, like millions of others, was forced to dump the plan I liked because it became UNAFFORDABLE. The plan I have now isn’t giving me much care for my dollar. I pay a $367 monthly premium, with a $5,000 yearly deductible … and I’m healthy!
The American Care Act eliminates the individual mandate requiring Americans to have health insurance and and the tax penalty that went along with it. Those who don’t receive insurance through employers will receive tax credits from $2,000-$4,000, depending upon their age. A family could receive a credit for as much as $14,000. For individuals making over $75,000 a year and families making over $150,000, tax credits would naturally be lower.
States can also apply for waivers from Obamacare to allow insurers to charge higher premiums to patients with pre-exsiting conditions. This means healthy people won’t be punished with outsized premiums to pay for other people’s care.
“We want to brag about the plan,” a triumphant Trump declared in a White House Rose Garden press conference after the vote.
And brag he should. The vote happened on President Trump’s 105th day in office. And despite the mainstream media’s relentless attempts to trash his presidency, Trump is following through on his campaign promise. Victory doesn’t taste much sweeter than this.
“Many of us have been waiting seven years to cast this vote,” Ryan added before the House vote.
Let’s hope Republicans in the Senate feel the same way as Ryan, and do their part in righting the wrong that they whined about while President Barack Obama was in office.
“If Republicans can’t follow through now,” observed the Wall Street Journal, the public will conclude that they’re either dishonest or feckless, and then wonder if they deserve their jobs.”
And the choir sang, “Amen.”