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The revised Graham-Cassidy bill is in effect federal deregulation of the insurance market.
States no longer have to submit waivers of insurance rules under the revised Graham-Cassidy bill. They just have to describe their plans.
Under the revised Graham-Cassidy bill, states decide how much insurers can charge people who are sick, required benefits, and cost-sharing.
Under the revised Graham-Cassidy bill, states can alter the federal cap on patient out-of-pocket costs, allowing for bare bones insurance.
Remember the single risk pool requirement? The revised Graham-Cassidy bill allows multiple risk pools.
If there was any question about Graham-Cassidy's removal of federal protections for pre-existing conditions, this new draft is quite clear.
The language in the revised Graham-Cassidy bill on insurance regulation is quite convoluted. It could take time to sort out. But...
