Time to panic.
“Senate Republicans are on the cusp of passing a bill that will eliminate hundreds of billions of dollars worth of health funding, destabilize insurance markets, and eventually phase out Medicaid in its entirety. Less than two months after three Republican senators stopped an earlier effort to strip away much of America’s health care safety net, millions of Americans’ health care is now in very serious peril.
The new Trumpcare legislation — often referred to as “Graham-Cassidy” after Sens. Lindsey Graham (R-SC) and Bill Cassidy (R-LA), its leading proponents — contains several provisions undercutting the Affordable Care Act. It eliminates subsidies helping many millions of Americans purchase health insurance on the Obamacare exchanges and Obamacare’s Medicaid expansion, replacing this funding with a less generous block grant to states.“ - Think Progress
