McCaul Votes to Repeal and Replace Healthcare Law
Congressman Michael McCaul (R-TX 10) voted to repeal the government-run healthcare law signed by President Obama last year. The bipartisan repeal passed the House by a 245-189 vote. Rep. McCaul remains committed to replacing it with a commonsense system that will increase access to affordable, high quality care without an unconstitutional mandate and without killing jobs.
“This law is an attack on our job creators. Small businesses across my district have told me they want this law repealed,” said Rep. McCaul. “It’s driving up the cost of the insurance they already provide and soon they will be hit with new taxes. Many have had to layoff employees or stop hiring to stay afloat. We need to be helping our job creators, not running them out of business with onerous taxes and mandates.”
Current law requires businesses with over 50 employees to provide government-approved healthcare insurance or pay penalties of $2,000 per employee after the first 30 employees.
Congressman McCaul supports replacing the current law with a market-driven, incentive-based system Republicans introduced nearly two years ago, which:
· Lowers healthcare premiums through increased competition and choice
· Protects the doctor- patient relationship
·Preserves patients’ ability to keep their health plan
· Eliminates of pre- existing conditions as barriers to coverage
·Reforms medical liability to reduce wasteful spending
· Provides states greater Medicaid flexibility
· Expands incentives to encourage personal responsibility for coverage
·Prohibits taxpayer funding of abortions
The proposal would avoid uncontrollable spending and onerous government regulation. It does not increase taxes or accelerate the insolvency of entitlement programs. Instead, the Republican plan would lower healthcare premiums by nearly $3,200 compared to current law.
“Our ideas will increase choice and flexibility for Americans and lower healthcare spending, all while ensuring that Americans with pre-existing conditions or catastrophic health issues have access to affordable coverage,” Rep. McCaul said. “There’s no question that our healthcare system has needed to be reformed. But it must be done in a responsible way that does not kill jobs or drive our country deeper into debt.”
The current law adds more than $700 billion to the deficit. The true 10-year cost of the law is $2.6 trillion, and could rise if employers cut private insurance and dump employees onto the governmentrun exchange.