Members of the U.S. House are taking a careful look at the new Republican healthcare bill that would replace Obamacare. Omaha insurance expert Art Jetter wouldn’t refer to this as Obamacare Lite as some are calling it. He says it is a dramatic transformation and he does have concerns and complements.
Jetter says, “I don’t see any incentives aimed at employer provided health insurance. I don’t see any price transparency effort and there should be something done about that. On the other hand, this eliminates pretty much every Affordable Care Act tax on health care and health insurance related items which should have downward pressure on health insurance premiums.”
Jetter says the new plan doubles the amount of contributions that can be made to health savings accounts while returning the health savings account tax from 20% to 10%.
Proponents claim the new bill would give people more control of their health care. Opponents say millions of people will have to pay more for less coverage.