Starting in 2020, the bill would replace federal insurance premium subsidies now available under the Affordable Care Act as well as Medicaid funding with block grants to the states. A report by the health care consulting firm Avalere Health shows California and NY losing a combined $123 billion in federal health care funding by 2026, while Texas would see its flow of money from Washington rise by $35 billion. Several Republican senators who voted against earlier, failed health care bills have remained skeptical about Graham-Cassidy and not committed to supporting it. I get that. There will be less money than they otherwise would have gotten because the distributions have been so inequitable.
Graham defended the plan, saying that it actually corrects state-to-state inequities built into Obamacare. I think that's something that - whether you're a Republican or a Democrat or something else, we all agree on that, right?
Warren shot back, "Those are pretty outrageous comments".
Laura Appel of the Michigan Health and Hospital Association says it's not a good plan for Michigan.
Previous bills would have left millions of Americans without coverage as compared to levels projected under Obamacare, according to the Congressional Budget Office. It would also halt Medicaid expansion.
The proposal would eliminate the requirement for everyone to have health insurance, and it would give states block grants to create their own health systems. That'll give Republicans a small window to pass the bill themselves before a September 30 procedural deadline kicks in. On Wednesday afternoon he tweeted, "I would not sign Graham-Cassidy if it did not include coverage of pre-existing conditions", he wrote.