GOP plan to end Medicare Advantage is not in the books
GOP leaders announced Monday they will propose eliminating Medicare Advantage, the program for older Americans that provides them with lower out-of-pocket costs, by the end of 2024.
The GOP proposal comes after the Senate voted last week to kill the program as part of a package of tax cuts.
The bill now goes to President Donald Trump to be signed into law.
Sen. Bob Corker (R-Tenn.) and Sen. Susan Collins Susan Margaret CollinsTrump orders new FBI investigation into Russian meddling in election Kavanaugh: The politics of fear over Kavanaugh MORE (R) have proposed replacing the Medicare Advantage program with a new version of the Affordable Care Act.
The two Senate Republican leaders said they want to keep the current Medicare Advantage model, which would be available to anyone who makes between 250 and 400 percent of the federal poverty level.
However, if the GOP plan becomes law, it would mean seniors would pay a higher share of their income on their health insurance premiums, which will add about $8 trillion to the federal deficit by 2027, according to the nonpartisan Congressional Budget Office.
Democrats have pushed for the program to be phased out in 2020, arguing that a system that provides less affordable health insurance to older Americans will lead to fewer people being able to get the coverage they need.
“It’s not in our interests to leave Medicare as it is.
It’s in the best interest of our country to repeal this law and replace it with a health care system that works for everyone,” Sen. Chris Murphy Christopher (Chris) Scott MurphyRepublicans push to end Obamacare subsidies to lower premiums on older people | Senate Democrats reject Trump’s plan for Medicare program to keep it open | Democrats demand repeal of ObamaCare subsidies for lower-income seniors The Hill’s Morning Report — Senate Judiciary panel to hold hearing on Kavanaugh nomination | Latest Kavanaugh accuser’s testimony is expected next week MORE (D-Conn.) said last week.
“We have a program that was designed to be accessible to the middle class, to the people who are at the bottom of the income distribution.”
Sen. Jeff Flake Jeffrey (Jeff) Lane FlakeGOP senators push Trump’s healthcare plan on health care: ‘We’re not talking about the middle’ — Politics Newsletter The Hill has learned MORE (Ariz.), who was the third-ranking Republican in the Senate when the Senate passed the repeal bill last year, said the GOP’s plan would likely lead to “a greater gap between rich and poor” and lower quality health care for Americans.
“The Republicans are talking about ending Medicare as we know it,” Flake said.
“I think it’s going to end up with a greater gap.
And I think the rich will end up paying more for it.”
The House passed a bill to repeal the Affordable Healthcare Act last year.
It was blocked by Senate Democrats.