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Republican replacement for Obamacare-big tax hike!
Last comment by sebekm 2 months, 3 weeks ago.

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According to Forbes Magazine-Yesterday, three Republican Senators — Tom Coburn (Okla.), Richard Burr (N.C.), and Orrin Hatch (Utah) – put forward a plan to “repeal and replace” the Affordable Care Act, otherwise known as Obamacare. They call it the Patient CARE Act, and my colleague Avik Roy says it is “the most credible plan yet” offered by the GOP.

Except the Coburn-Burr-Hatch plan amounts, among other things, to a big tax increase. The main way that it remains budget neutral is by making employer-provided health insurance plans, which are currently not taxed, partially taxable as income. In fact, this income replaces income that, under ObamaCare, comes from taxing companies, including the tax on medical device companies paid by firms like Medtronic Medtronic and Stryker



This fact has not escaped the notice of some prominent health reform allies. “It is a huge tax increase on workers without any confidence that they will be able to afford health insurance in the future,” says Bob Kocher, a partner at venture capital firm Venrock who previously worked in the Obama administration.

It is “essentially a very large Republican tax increase,” says Ezekiel Emanuel, the Diane V.S. Levy and Robert M. Levy University Professor of Medical Ethics and Health Policy at the University of Pennsylvania and another former Obama advisor. “It’s quite clear the plan is to put a bigger burden on middle class Americans.”



http://www.forbes.com/sites/matthewherper/2014/01/28/the-proposed-republican-replacement-for-obamacare-is-a-big-tax-hike/


Latest Activity: Jan 31, 2014 at 10:38 AM


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sebekm commented on Friday, Jan 31, 2014 at 14:33 PM

The difference is the Republicans offered their plan FOR DISCUSSION AND EXAMINATION to determine the flaws BEFORE jamming it down the throats of the American people. They didn't say "you have to pass it to know what was in it" - nor did they make any promises about keeping doctors, hospitals or health care plans. Far better to find out the problems with legislation BEFORE it becomes law.

And unlike the Democrats, the Republicans are open to alterations of their plan and are "quietly" tweaking it even as I type these lines:

http://talkingpointsmemo.com/dc/gop-o...

Note also that the GOP introduced their alternative to ObamaCare ONLY ONE WEEK AGO. Unlike the massively flawed legislation we now have which still has huge problems after the Democrat "experts" had MORE THAN THREE YEARS TO FIX IT, we're not even at the point where the GOP's alternative has been reduced to a draft legislative submission yet. It is in no way finalized, which is what the Republicans said when they introduced it.

As to tax hike issues, let's not forget that ObamaCare is and will be a HUGE tax hike. In addition to the tax hike on the middle class which Obama promised he WOULD NOT DO:

http://news.investors.com/ibd-editori...

ObamaCare raises premiums and deductibles in a way that might as well be a tax - even if it's not going into the Department of the Treasury. When I have to pay more for my health care BECAUSE of government legislation, I don't really care whose pocket gets lined with my money. All I know is that I am getting screwed.

Nobody (except President Obama and the Democrats) ever said you can expand benefits, provide insurance for the uninsured, and add large numbers of sick people to the health care rolls without SOMEBODY having to pay for it. The Democrats were dishonest in selling their program that NOBODY would have to suffer or have their health care affected negatively. EVERYBODY was supposed to benefit from ObamaCare. The GOP have never said this - and the purpose of publicizing the details of their plan is to open up the discussion so that people know what the deal is.

We should have been so fortunate for the Dems to have handled ObamaCare in this way.

sebekm commented on Saturday, Feb 01, 2014 at 14:37 PM

...and here is the most recent example of how concerned the Dems are that ObamaCare may actually be repealed:

http://www.usatoday.com/story/news/na...

When USATODAY.com runs an article that says ObamaCare "has taken such hold that it may be impossible to get rid of it," you know the left is worried that repeal may actually happen. Nearly every single item the articles cites as a problem with repeal of ObamaCare is something the Dems who crafted the law knew and understood back in 2009. They intentionally built into the legislation the "poison pills" which would make for an argument that it would "hurt more" to get rid of it than to keep it. But the analogy that applies here is the same as the one for somebody who has a cancerous tumor:

It may hurt to remove a tumor, but the patient is ordinarily better without it in the long run (presuming the tumor isn't malignant).

IMHO - ObamaCare is not yet malignant, and the earlier its problems are fixed the less likely it will be that the "vast majority" of Americans will suffer long-term. Congress needs to get it done - NOW.


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