The House has passed the budget reconciliation bill, but the Senate intends to put its mark on the bill and there are competing forces as in the House. Final passage is some time off still.
About The Podcast:
Millions of Americans feel confused and frustrated in their search for quality healthcare coverage.
Between out-of-control costs, countless inefficiencies, a lack of affordable universal access, and little focus on wellness and prevention, the system is clearly in dire need of change.
Hosted by healthcare policy and technology expert Marc S. Ryan, the Healthcare Labyrinth Podcast offers accessible, incisive deep dives on the most pressing issues and events in American healthcare.
Marc seeks to help Americans become wiser consumers and navigate the healthcare maze with more confidence and certainty through The Healthcare Labyrinth website and his book of the same name.
Marc is an unconventional Republican who believes that affordable universal access is a wise and prudent investment. He recommends common-sense solutions to reform American healthcare.
Tune in every week as Marc examines the latest developments in the space, offering analysis, insights, and predictions on the changing state of healthcare in America.
About The Episode:
On this episode, Marc discusses the status of budget reconciliation. The House has passed the budget reconciliation bill, but the Senate intends to put its mark on the bill and there are competing forces as in the House. Final passage is some time off still.
Key Takeaways:
The House passed the budget reconciliation bill on a very tight vote.
The House vote was contentious, with both conservatives and moderates winning concessions in order to get the bill passed.
To partially pay for tax cuts and extension, the bill includes $1.8 trillion in spending cuts over ten years, largely in healthcare and nutrition.
The Medicaid and other healthcare cuts will mean millions lose coverage. They will have major impact on state budgets and providers.
There is also a chance that sequestration rules cut Medicare spending by $500 billion over ten years.
The Senate says it will make its mark on the bill and make some fairly major changes.
The Senate has both moderates and conservative arguing their points as with the House.
Right now, enough moderates and conservatives are off the bill to sink the House version.
If too many changes occur in the Senate, that could complicate re-passage in the House.
Final passage of a budget reconciliation bill will likely go into the summer.
Connect with Marc
Marc on LinkedIn
Resources
The Healthcare Labyrinth: A Guide to Navigating Health Plans and Fixing American Health Insurance
