The New GOP Healthcare Bill Still Contains a Costly Oversight – but It’ll Get Passed

Jon Economy, Health Care, Market Commentary, Politics, Socialism

This is a syndicated repost courtesy of Money Morning – We Make Investing Profitable. To view original, click here. Reposted with permission.
The highly anticipated new ‘RyanCare’ bill has been drafted; the House will vote on it today, with supporters hoping to repeal and replace Obamacare.
But it’s got a major problem.
In order to pass, this GOP healthcare bill needs to win over the moderate Republicans who were dissatisfied with the first version’s lack of coverage for Americans with pre-existing conditions.
It does take steps to do that – but still falls massively short.

This post was published at Wall Street Examiner by Money Morning Staff Reports ‘ May 4, 2017.