House Republicans on Monday unveiled their plan to repeal and replace the Affordable Care Act, Barack Obama’s healthcare legislation that was commonly known as Obamacare.
The newly drafted bill, dubbed the American Health Care Act, will reportedly preserve two of the most popular provisions of ACA: Young adults will be allowed to stay on their parents’ plans until the age of 26, and people will pre-existing conditions will continue to have access to coverage. According to CNN, the bill will dump the ACA’s individual mandate that requires most citizens to purchase insurance in order to avoid a tax penalty.
The plan will also offer Americans a refundable tax credit, which will be based on age and income. The Hill reports the credit will range from $2,000 to $4,000 a year for each individual. The credit will increase as the person gets older; however, it will decrease if a person brings in more than $75,000 a year or if a household earns more than $150,000 annually.
Another major part of the bill is that it will defund Planned Parenthood. According to CNN, the legislation includes a provision that will stop all federal funding for the non-profit entity. This, of course, has been a huge issue for Republicans, as they’ve made promises to quit using tax payers’ money for abortion services—even though none of the federal money currently going to Planned Parenthood actually goes to abortion.
"The American Health Care Act is a plan to drive down costs, encourage competition, and give every American access to quality, affordable health insurance. It protects young adults, patients with pre-existing conditions, and provides a stable transition so that no one has the rug pulled out from under them," House Speaker Paul Ryan wrote in a statement.
Democrats, however, have criticized the plan, claiming it would hurt average Americans.
“[The American Health Care Act] would rip healthcare away from millions of Americans, ration care for working families and seniors, and put insurance companies back in charge of health care decisions—contrary to everything President Trump has said he would do with his health care plan," Democratic Reps. Frank Pallone and Richard Neal wrote in a statement.
The new plan, which many are calling Trumpcare, was met with a lot of criticism on social media, as many fear (and journalists are confirming) the bill will leave more Americans uninsured. The idea that Obamacare could be replaced with something inferior inspired a slew of internet memes that highlight the possible downgrade. You can check out some of the reactions below.
Obamacare vs GOP replacement pic.twitter.com/RIBE7G4e9C— Deep State Property (@steadybloggin) March 7, 2017
Obamacare vs. the GOP replacement pic.twitter.com/5kDzNvMgfL— DOCTOR REALITY M.D. (@drrealitymd) March 7, 2017
Obamacare vs GOP replacement pic.twitter.com/C3YxDLyDVC— Adult Son Bilal (@Billy_chilly) March 7, 2017
Obamacare vs the GOP Replacement pic.twitter.com/G9ZThPuZzB— Caleb Horvath (@CalebHorvath) March 7, 2017
And, funny memes be damned, one journalist put peoples' fears in the simplest terms possible.