(Bloomberg)—Insurance-industry groups said Wednesday that they oppose a Republican proposal to repeal and replace the Affordable Care Act, joining healthcare providers in asking Senators to reject the bill.
America’s Health Insurance Plans and the Blue Cross Blue Shield Association said they oppose the plan, backed by Republican Senators Lindsey Graham, Bill Cassidy, Dean Heller and Ron Johnson, because it would make it harder for individuals to get coverage and cut funding for Medicaid. In addition, unlike previous repeal attempts, the bill would leave a tax on health insurers in place.
