Um, not much. It’s all tweaks of old plans. But let’s look anyway.
It would allow more age rating of insurance. Under Obamacare insurers cannot charge older and sicker people more than three times what the young folks pay. The NEW plan would allow older folks to be charged five times what the young folks pay.
It would not require insurance companies to insure people with pre-existing conditions. They would be required to offer a plan to someone who has had continuo8us coverage — in other words, if they currently have or just lost insurance — but we’re not told what “must offer” might mean. It could be a plan nobody could afford, for all we know.
Everyone the private insurance companies won’t touch would auto-enrolled in high-risk pools, which have been tried before but turned out to be hideously expensive to the point of being unworkable. The GOP plan appears to be a bit fuzzy about how that will be paid for without bankrupting the participants. But, hey, it sounds like a plan.
They’re especially proud of a plan to cap tax exclusion for employee benefit plans and use the difference in revenue to provide subsidies for the very poor. Medicaid would be changed to something like a block grant to states plan, although not exactly.
Basically, it’s a milder form of the same old screw job they’ve been proposing for years. It’s basically a scheme to dig more money out of everyone’s pocket for the benefit of the insurance industry. See Joan McCarter for more.