AMERICAN HEALTH CARE ACT EXPLAINED



hey guys its Connor in the making over the past few days the Republicans dished out their new health care plan to repeal and replace Obamacare you know it's confusing there's a lot of similarities a lot of differences and frankly there's a lot of news outlets and may be biased or you know hard to understand but give me a shot I'm going to run through the stuff and we'll try and get it nailed down before it's over [Applause] so I want to talk about this health care is a huge issue not only does the legislation affect the people that are getting health care but it affects hospitals and health care provider so I think it's important to understand what the legislation is what the big points are you know in case you run across the situation where you may need to know that knowledge there's a lot of things that the new healthcare plan it kept from the ACA the Affordable Care Act there's a lot of things that's changed you know so we're going to learn through a real quick and at the end we run through a score that the Congressional Budget Office gave it you know they gave they can I ran the numbers how many people are going to change in their insurance habit and you know how is it going to curb the deficit how our premium is going to be affected by this new legislation so we're going to run through that and we're going to see how it all works out and wrap it up at the end bear with me the legislative process takes a long time you know things probably change there in this video for just keep that in mind while you're watching this all right let's run through what the American Health Care Act kept from the ACA a portable Care Act otherwise known as Obamacare first thing I have is that people can still stay on their parents plan until the age 26 which is extremely important the next thing I have the Affordable Care Act with transfer over to the American Health Care Act is the pre-existing conditions are still covered you still have protection under those clauses that insurers can't deny you coverage for pre-existing conditions also there's still no lifetime dollar amount cap for insurance coverage under the Affordable Care Act what they took care of is that insurance companies often put a lifetime cap on how much money they were going to provide for a certain person over a period of time and they said no we're not going to do that anymore there's not going to be a cap and that transferred also over to the American Health Care Act one of the last big things that I have as far as similarities goes is that there's still tax credits available for those to have health insurance but they're not determined by income anymore they're determined by age which has huge differences in huge implications for those trying to get their coverage all right the similarity is all great you know that's cool that all that transfer over but a lot of the discrepancy between both parties and legislation comes from the differences obviously the first big one I have is that the American Health Care Act got rid of the employer and the will mandate to get insurance right you won't be required you don't want have to pay a penalty by not getting insurance with that said there's some other things in there that still incentivize you get insurance but we'll run through that later another big difference you know this is a big deal among lawmakers is that under the Affordable Care Act Medicaid was going to be expanded but now does the American Health Care Act it's going to be slow and eventually halted in a few years down the road one of the big differences under this new legislation is that it's no longer requiring what Obamacare called essential health benefits what this was is that it required insurance companies to take care of certain parts of care such as pregnancy ambulance services hospitalizations mental health and certain prescription drug things well this essentially means is that insurance companies have the ability now to determine what they want in their own insurance packages right so if you're even protected under the closet says you know pre-existing conditions still have to be covered if you don't have a health care plan accessible or achieving up or affordable enough to provide for and that protection is essentially useless a lot of people are concerned about this because they're afraid the insurance companies will now just straight down their packages to the bare minimums of care and those that need pregnancy care or mental health care or certain you know other expectations you know they're not going to be able to find a plan that suits them or says essentially not one affordable enough also even though there's no individual mandate to get health insurance the caveat to that is that if you're uninsured for I think around two months or so and then you go back to insurance there's going to be like a 30-percent charge on your premiums for that year so that does definitely incentivize you to keep insurance it's not going to penalize you for not having it it will penalize you for getting it once you don't have it this piece of legislation also fix hospitals under law hospitals have to care for those in emergency services that are not insured and so under the Affordable Care Act it's kind of lighten the load for them because since everyone was mandated to get insurance everyone was supposed to have it you know they no longer went to hospitals emergency care services as a last insurance resort under the American Health Care Act though what's happening is that they're getting rid of the individual mandate so a lot of people are afraid that these hospitals are also going to have a higher load on them for people going to get care because they don't have insurance the CBO otherwise known as the Congressional Budget Office they ran the numbers for this health care plan they do it every time a new piece of legislation comes up and they determine the numbers as far as how many people will lose insurance and what the cost is or what the reduction in cost is going to be for the federal budget so let's run through that real quick one of the things the CBO said about this new piece of legislation is they said they're 14 million people by the next year we're going to lose insurance you know this is due to many things you know people feelings though they're helping us they can take the risk as to not buy insurance because there's no mandate to buy it anymore or because a rising premiums will go up and that will in turn cause people to not purchase it so over the next two years they said or speculated that premiums are going to rise by about fifteen to twenty percent or nears 2018 2019 but by 2020 they're going to start to decline and by declining they said about ten percent by the year two thousand twenty six or so they should be lower than what it is under current law even though this new health care bill gives more tax credits to the elderly and less to younger people the CBO speculated that under this new legislation insurers are now going to charge about five times more for health care for older people than they will for younger people relative to three times more under the Affordable Care Act before we wrap it up I got another question for you throw in the comments if you get it scanned what I want to know is what is your greatest concern about this new legislation what would you like to see in it you know there's still processing going on there still going to add stuff take stuff away from it what would you like to see and what is your greatest concern for it remember guys health care is a huge issue there's so much more to this bill than what I covered in this there's going to be so much more added and taking away but ultimately what's important about it is that it influences how we provide care in turn is revoked and you're providing care to see so they'll take it lightly I'm Conrad I'm in the making just as much as this health care bill is stay strong keeps community Alfie 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