Budgetary and Coverage Impact of the Empowering Patients First Act (H.R. 2300) "is legislation aimed at repealing the Affordable Care Act and replacing it with patient centered solutions. The proposed reform creates a defined contribution environment intended to “ensure access to health coverage for all Americans; rein in out-of-control costs; solve insurance challenges of portability and pre-existing illness; and improve the health care delivery structure,”[1] and achieves budget neutrality. We used a non-elderly, health insurance market model to estimate the budgetary and health insurance market impacts of the legislation compared to current law."
Eakinomics: The Unraveling of ObamaCare " ... HHS Secretary Kathleen Sebelius “announced” ...that the administration was 1) waiving the individual mandate for those with cancelled policies, and 2) Waiving the age limitations on catastrophic plans so those with cancelled policies can purchase a catastrophic plan.
"This is a big deal. Substantively, it opens the door to deferring the mandate entirely and by acknowledging that catastrophic plans would be suitable coverage it makes a lie of all the rhetoric about how existing insurance (“underinsurance”) is “subpar” and “poor”. It will be fine for 2014."
I am 74 years old; my wife is 71, and our present plan is subpar because we do not have prenatal care and contraceptives provided.
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