Friday Five - June 30, 2017
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It’s Friday and this week in our Friday Five series, MAXIMUS is sharing what’s behind Senate Republicans’ postponed vote on their new Better Care Reconciliation Act (BCRA); how the BCRA could both help and harm millennials; and, governors’ calls to extend funding for the Children’s Health Insurance Program (CHIP).
After preparing for a vote this week on their Better Care Reconciliation Act (BCRA), Senate Republican leaders have postponed the vote until after the July 4 recess. Senate Majority Leader Mitch McConnell (R-KY), the driving force behind the bill, said his goal is “getting at least 50 people in a comfortable place” to vote in favor of the BCRA. The Atlantic breaks down where the bill’s supporters and critics stand, and why the bill is a “procedural roadblock” for other pending Republican legislation.
Young adults were among the biggest beneficiaries of the Affordable Care Act (ACA). Millennials alone – the generation aged roughly 18 to 34 years old – made up 27 percent of the 12.2 million consumers who enrolled in health insurance exchanges in 2017. Now that Senate Republicans have presented their new BCRA bill, some young adults may see lower premium costs in private insurance marketplaces, but others who gained insurance through a massive expansion to Medicaid could be hurt. Kaiser Health News weighs the pros and cons of the Senate bill for millennials.
The Senate’s health care bill, BCRA, would change several aspects of the health care and health insurance markets. The Congressional Budget Office (CBO) found that average premiums would immediately increase and would begin to decrease in 2020 – yet an estimated 22 million would be uninsured by 2026. Becker’s Hospital Review reveals the six key takeaways from the new bill.
On June 23, the House of Representatives’ Energy and Commerce Subcommittee on Health held a hearing on the Children’s Health Insurance Plan (CHIP), the government medical coverage plan available for low-income children which will expire in September unless it is reauthorized. In response, the National Governors Association (NGA) urged “Congress to act quickly to extend funding for CHIP” so that the program’s 8.4 million children remain covered. The Washington Examiner details the NGA’s concerns for CHIP and what happens if Congress does not reauthorize the program.
Medicaid continues to be a major issue in the national health care debate. While some conservatives argue that able-bodied people should seek jobs that provide health care coverage, just 46 percent of private sector businesses offered health insurance to employees in 2015, according to the Kaiser Family Foundation. From work requirements to Medicaid fraud, CBS News describes the current state of Medicaid and where it may be headed.