Philip Klein, managing editor of The Washington Examiner, joined Glenn Beck and the gang Tuesday morning on Beck's nationally syndicated radio program to explore the differences between the GOP's Obamacare replacement bill, known as the American Health Care Act, and the Affordable Care Act. As Klein points out, the replacement bill includes fewer regulations and lower taxes and penalties but does not do away with these restrictions entirely.
For example, the GOP's plan eliminates the so-called "individual mandate" that levies a financial penalty against Americans who fail to obtain health insurance; instead, insurers would be allowed to impose a 30 percent surcharge on those who have a gap in coverage of two months or longer. The plan would also continue to allow young adults to be covered by their parents' plans until the age of 26 and would prevent insurers from declining coverage or charging more to people with preexisting medical conditions.
"The overall scheme in terms of the requirements on insurance coverage, there's a lot more of that," Klein remarked. "Basically, in many ways it has lower regulation but still regulation, lower taxes but still includes taxes."
"Obamacare Lite," Stu Burguiere responded derisively.