Insurers do not like Ted Cruz's health care plan

Sen. Ted Cruz R-Texas is followed by reporters on Capitol Hill Tuesday

Sen. Ted Cruz on Capitol Hill July 11 2017

Jason Pye, the vice president for legislative affairs for FreedomWorks, noted that every Republican senator except for Sen. Ted CruzTed CruzInsurers warn Cruz provision will "skyrocket" premiums for sick people Pence pitches governors on ObamaCare repeal bill Health groups: Revised GOP health bill not an improvement MORE (R-Texas) would mean "premiums will skyrocket for people with preexisting conditions" and "millions of more individuals will become uninsured".

"This is particularly true for patients with pre-existing conditions - who would be most affected and potentially lose access to comprehensive coverage", as marketplace premiums "rise much faster than under existing market conditions and insurance options dwindle", the memo continued. Two Republican senators, Susan Collins of ME and Rand Paul of Kentucky, have already said they oppose it, meaning just one more "no" vote would keep the bill from even getting the motion to proceed, therefore killing it before formal debate on the Senate floor can even begin.

Junk insurance can include several types of health care coverage: limited-benefit, specified disease plans that cover only certain diseases; supplemental plans that cover only the expenses another policy doesn't; and fixed-dollar indemnity plans that provide a specified amount per day toward medical costs.

"The revised bill ensures consumers have the freedom to choose among more affordable plans that are tailored to their individual health care needs, and expands health savings accounts so that consumers can pay health insurance premiums on a pre-tax basis", Cruz said in a statement on Thursday. The Cruz amendment would worsen the situation, the executive said.

Experts, however, are not convinced the changes are enough to make a difference on the Congressional Budget Office score that the bill originally received.

Sen. Mike Lee tweeted Thursday morning to say that he has not seen the newest version of the Cruz amendment included in leadership's health care bill and was unsure if he could support it.

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Americans have been promised that Republicans would repeal Obamacare and when we have a Republican in the White House he would sign the bill and the deal would be done.

Currently, some eight to 10 Republicans are believed to oppose the legislation.

On Friday, America's Health Insurance Plans and BlueCross BlueShield Association joined together to send a scathing letter to Senator Majority Leader Mitch McConnell (R-KY) and Senate Democratic Leader Charles Schumer (D-NY), urging the Senate leaders to strike the Cruz amendment from the bill. DeMint said that the current BCRA is "trying to fix Obamacare".

Club for Growth and other conservative groups launched a website, www.ObamacareOptOut.com, that urges people to see where their senators stand on the amendment.

Many lawmakers say they are waiting for the CBO's analysis of the updated bill early next week before they decide whether to support it. "There's no sort of rating convention that works like that now, so they'd have to invent that".

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