We all know it risked raising prices on people with pre-existing conditions, but it did a lot more than that.
A short thread:
Despite what some Republicans are saying now, a key part of the bill was allowing states to waive certain protections if they set up high-risk pools.
EHBs are a list of 10 services insurers must cover, like emergency services, prescription drugs and maternity care.
AHCA would have allowed states to redefine EHBs w/ a waiver.
Essentially, if your state got a waiver to redefine EHBs, insurers could have decided things like hospitalization wouldn't be covered.
The AHCA would have cut over $800 billion in funding for Medicaid, resulting in 14 million fewer people with insurance.
Think about that: The GOP health care bill contained an $800 billion cut to Medicaid.
And states would have also likely had to tighten eligibility requirements and reduced benefits to make the cuts work.
Under current law, insurers can charge older people three times as much as the young. Under the AHCA, insurers could have charged older people five times as much.
For some states — like Alaska — that would have been a huge deal, because the bill also would have made the tax credits less dependent on differing prices in states.
So for some people, that could have also dramatically raised prices.
(It very cleverly did this by preventing federal funds from going to an organization that met very specific criteria. The CBO report actually said it only expected Planned Parenthood to be affected.)
My final point is that, contrary to claims that no one would have been affected by the pre-existing conditions waivers, the CBO projected that about half of America's population lives in states that would have eventually implemented those waivers.