The Graham-Cassidy bill would maintain a significant portion of the structure of previous GOP attempts at a healthcare overhaul in the first half of the year. But it contains some notable differences in an attempt to appeal to more moderate members of the party.
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Republicans are about to roll out their last-ditch effort to repeal Obamacare
Sens. Lindsey Graham and Bill Cassidy released their last ditch bill to repeal and replace Obamacare, but its future doesn't look encouraging.
The bill, however, faces an uphill battle and a short window in which it could be passed.
A ruling by the Senate parliamentarian earlier this month said Republicans can't continue after September 30 to use the process of reconciliation, which allows bills to be passed with a simple majority in the Senate if they decrease the deficit.
That leaves a little under three weeks for Republicans to attempt to push the bill through Congress. has reportedly urged a vote on the billthe minuscule window and competing healthcare-related pushes, there is little hope for the effort on Capitol Hill.
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With that in mind, here's a breakdown of what's expected in the plan:
- Shift Medicaid funding and insurance subsidies to a block-grant system:
- Eliminate the individual and employer mandate:
- State reinsurance fund:
- Adjust the essential health benefits:
The legislation still needs to be evaluated by lawmakers and scored by the Congressional Budget Office, complicating the already tight window for potential passage.
Additionally, the Senate Health, Education, Labor, and Pensions (HELP) Committee has already been moving forward with hearings focused on bipartisan healthcare fixes that would be smaller in scope but possibly garner more support.
Sen. John McCain — who cast a deciding vote that killed the previous round of Obamacare repeal efforts — has indicated that he would possibly vote for the package.
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