The ACA Times


  Show menu
  • Home
  • Articles
  • Get to Know the ACA
  • ACA – Frequently Asked Questions
  • Resources
  • Meet the Editors
  • Trusaic
  • Contact Us
  • Legal
  
  • Home
  • Affordable Care Act
  • Trump Picks Price and Verma to Lead the Charge to a Conservative Approach to Healthcare Reform

Articles

Trump Picks Price and Verma to Lead the Charge to a Conservative Approach to Healthcare Reform

December 5, 2016 Joanna Kim-Brunetti Affordable Care Act, Health Care Reform
Trump Picks Price and Verma to Lead the Charge to a Conservative Approach to Healthcare Reform

Donald Trump recently announced his pick of Rep. Tom Price (R-Georgia) to head the Department of Health and Human Services (HHS) quickly followed by his announcement of picking Seem Verma to lead the Centers  for Medicare and Medicaid Services (CMS).  CMS is the part of HHS that oversees Medicare, Medicaid and the Children’s Health Insurance Program (CHIP).

Price is an orthopedic surgeon and Republican Representative from Georgia.  Price is a well-known critic of the Affordable Care Act (ACA), having been in the forefront of numerous efforts to repeal the ACA which President Obama vetoed.  His approach is set forth in the Empowering Patients First Act, which can be found on this website.

Among its provisions, the Price bill would continue, in a more limited way, the prohibition to deny coverage to those with preexisting conditions, create state-based high-risk insurance pools subject to certain budgetary limitations, and eliminate of the ACA mandates to incentivize the healthy to join the insured pool.  The Price bill would offer tax credits to purchase health coverage, which increase with age and other tax breaks for contributions into health savings accounts.

Critics of the Price bill will quickly note that the history of high-risk pools has not shown to be effective, particularly given the budgetary limitation, and that Price approach would not likely prevent the eventual death spiral of increasing premiums, as the healthy flee from coverage with no mandates incentivizing them to stay or become covered to help spread the cost to cover the sick.

Under Price would be Seema Verma who would head CMS.  Verma is known for her work with Mike Pence as governor of Indiana to design the Health Indiana 2.0 plan.  This plan expands Medicaid coverage under the ACA in Indiana but requires small monthly payments from Indiana citizens to access coverage or face a six month block-out from coverage, which appeals to conservatives.  Verma had also been asked to consult by other Republican-led states so that they can submit their own Medicaid expansion proposals under the ACA which add this payment requirement.

Price seeks to overhaul Medicare and Medicaid, including the privatization of Medicare and the shifting of Medicaid responsibility to the states.  Verma’s record suggests she would echo Price’s sentiments.


For any questions or a consultation on the ACA or IRS Letter 226J, contact Gregg Kasubuchi of Trusaic at (213) 355-5108 or at gkasubuchi@trusaic.com.

Share this...
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Short URL of this page: https://acatimes.com/qtp
Joanna Kim-Brunetti

Joanna Kim-Brunetti

Joanna Kim-Brunetti, Esq., is Vice President of Regulatory Affairs for Trusaic.

View more by Joanna Kim-Brunetti

Related tags to article

2016 Presidential ElectionAffordable Care ActChildren’s Health Insurance Program (CHIP)Department of Health and Human Services (HHS)Donald TrumpEmpowering Patients First ActHealth Care CoverageHealth Care ReformHealth Savings Accounts (HSAs)MedicaidMedicareMedicare and Medicaid Services (CMS)Mike PenceSeem VermaTax CreditsTom Price
Related Articles Why Your Company Needs to Implement Pay Equity Audits Now Why Your Company Needs to Implement Pay Equity Audits Now
Related Articles Survey Finds Organizations Should Be Conducting Pay Equity Analyses Survey Finds Organizations Should Be Conducting Pay Equity Analyses
Related Articles Seattle Washington Implements Gig Economy Worker Protections Seattle Washington Implements Gig Economy Worker Protections
Related Articles Administration Predicts Lower ACA Enrollment by Robert Sheen  •  
Related Articles IRS Eases Rules on Hardship Exemptions by Robert Sheen  •  
Related Articles HHS Awards $36 Million To Health Centers by Robert Sheen  •  

Popular Posts

  • IRS Issues Draft 2019 ACA Forms 1094-C and 1095-C and Reporting Instructions
  • IRS Issues Deadline Extension for Furnishing Forms 1095-C
  • ACA Affordability to Decrease for the 2020 Tax Year
  • What to Expect from California’s Individual Mandate
  • Letter 972CG Late Penalty Assessments are Becoming More Difficult to Repeal
  • ACA Filing Takeaways for The New Year
  • Changing the Poverty Level Could Impact the ACA
  • Employers Need to Meet IRS Deadlines to Avoid ACA Penalties

Trending Topics

  • Regulations
    (91)
  • Legislation
    (47)
  • Editorials
    (19)
  • ACA Compliance
    (110)
  • Tax Filings
    (19)
  • Applicable Large Employer (ALE)
    (13)
  • Penalties
    (18)
  • IRS
    (80)
  • Health Insurance Marketplace
    (28)
  • Polls/Surveys
    (18)
  • Health Care Reform
    (22)
  • Reporting
    (22)
  • IRS 226J/226-J
    (28)

Categories

Click me

Follow Us

Twitter Facebook

© 2019 Copyright Trusaic - All Rights reserved.

Close Window

Loading, Please Wait!

This may take a second or two. Loading, Please Wait!