The House of Representatives passed an amended version of the American Health Care Act today, May 4, 2017. Beyond reforming the health insurance system, the Amended American Health Care Act would turn Medicaid’s financing structure to a fixed federal contribution per beneficiary. The Congressional Budget Office estimates this would cut Federal expenditures on Medicaid by $880 billion over 10 years.
As a result, SSR Law Offices has serious concerns with the Amended American Health Care Act as presently drafted. Radically changing Medicaid’s financing structure to fixed federal contribution per beneficiary would both fundamentally alter a state’s financial incentives while at the same time reducing the federal government’s financial commitment to the program over time.
The legislation now moves to the Senate for consideration. SSR Law Office anticipates passage in the Senate will require significant changes to the underlying bill. SSR Law Office will continue to follow through the Amended American Health Care Act bill as it goes to the Senate. We will continue to focus on the negative impact of provisions such as the repeal of three-month retroactive coverage for Medicaid and ending a state’s right to expand home equity as a countable asset above the federal minimum.
Continue to check back with SSR Law Offices for additional updates as the Amended American Health Care Act bill continues on its way to becoming a law.