The U.S. House of Representatives passed a massive new insurance overhaul bill Tuesday, one that critics say is riddled with unnecessary protections for those with COBras.
But it’s not only Republicans who are worried about the law’s implications for Americans.
In fact, the insurance industry has been warning for months that COBrains could put millions of Americans out of work.
In a letter to House members, the American Medical Association said the legislation would leave millions of people without affordable insurance coverage and put the health of those with preexisting conditions at risk.
The AMA’s letter says the bill would leave an estimated 5 million Americans without coverage, and it calls for a number of new measures to make sure insurance is affordable for Americans with COBs.
The AMA said the bill is a “dangerous gamble” that would lead to more expensive premiums for those who already have COBs, and “add to the uncertainty and cost of coverage for people with preeXisting conditions.”
“We urge you to reject this bill immediately,” the letter said.
“As a society, we must do everything we can to ensure that everyone has access to the care they need, including for those whose health or health care is at risk.”
The bill also would provide tax credits to states to help people buy private insurance, and there would be no cap on the cost of insurance for those earning up to 300% of the federal poverty level.
It’s also not clear how many Americans would be eligible for subsidies to buy COBs in the future.
House Ways and Means Committee Chairman Kevin Brady Kevin Patrick BradyRepublicans slow down progress on Trump’s border wall; lawmakers not happy MORE (R-Texas) told reporters Tuesday that the House would work with states to come up with a way to make insurance more affordable, but that there was “still work to be done.”
The administration said the administration is working with Congress on a number ways to ease the financial burden on people with CObs, but it also acknowledged that it will not have a complete picture of how many people will be able to purchase insurance under the new legislation until after the bill’s passage.
The administration also has been trying to push for the legislation to include protections for COBs under the Affordable Care Act, which it says is one of the most comprehensive health care reform efforts in the nation.
President Trump’s administration, however, has argued that the COBs are not covered by the law, and the Trump administration has said that it would push for a full repeal of the ACA to be enacted.
A White House official, who spoke on condition of anonymity because the official wasn’t authorized to speak to the media, said the White House is pushing to have the CObs removed from the law before the end of the year.
The bill is expected to pass the House on Wednesday.