Cramer spoke one day after health-care stocks posted sharp gains, with hospitals and insurers climbing, after the release of the Senate GOP health-care reform bill, which would replace the Affordable Care Act, better known as Obamacare.
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In addition to Heller, Republicans expected to offer some pushback against the Senate bill include Maine’s Susan Collins and Ohio’s Rob Portman. “You have to protect Medicaid expansion states”, the senator said.
The Blue Cross Blue Shield Association represents plans that are the backbone of HealthCare.gov and state health insurance markets created under former President Barack Obama’s law.
He said middle-class families with loved ones in nursing homes would see higher bills costing $2,000 or $3,000 more a month.
“It confuses me as a consumer why this needs to be done in secret and debated in such a short amount of time”, says Connor.
Senate Majority Leader Mitch McConnell insists he wants a vote before the Fourth of July recess, leaving GOP leaders one week to win over more votes.
Mr Trump later criticised the House bill privately as “mean” and this week called for a health plan “with heart”. Hit hardest, said Hoff, would be people on Medicaid as well as those who purchase individual health insurance plans. John McCain, were very vocal about their disapproval of the secretive measures of fellow Senate Republicans on this.
The nonpartisan Congressional Budget Office found the House bill would kick 23 million Americans off their health plans, and the legislation is unpopular with the public. Fixing the bill to save Medicaid’s expansion theoretically wouldn’t convince any of them to change their vote, while further cuts could alienate other so-called “moderate” Republicans like Heller.
The Senate is considering a bill to replace it after the House of Representatives passed their own version.
Several Republican senators have already said they oppose the bill, at least as of now.
Heller’s comments came the day after four conservative senators issued a joint statement saying they can not support the bill unless it is changed.
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“I don’t believe that the president has specifically weighed in that it’s right to cut Medicaid”, Sanders said, adding that Trump will continue to negotiate with the Congress “until we get the best bill that we can”.
