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House of Representatives Passes GOP Healthcare Bill

The U.S. House of Representatives voted to pass the Republican healthcare plan.
By THESTREET STAFF
May 4, 2017 Updated May 04, 2017 | 02:46 PM EDT

The House of Representatives voted to repeal and replace the Affordable Care Act, setting the stage for another lane of hurdles that must be cleared in the Senate. 

The highly partisan vote was 216-211.

The bill will provide a simpler more affordable way to provide health coverage even as insurers are pulling out of the exchanges set up by Obamacare, Ryan said. 

"We can continue with the status quo or make it easier to offer health insurance," he said.

The new plan will provide more individual control and piece of mind for patients, he said. "Let's put the patient, not the bureaucrats, at the center of the system," he said.

Read Related Articles:

  • House Passes Amended Health Care Reform Bill
  • House Ditches Obamacare After Bitter Fight

 

 

 

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This article was written by a staff member of TheStreet.
TAGS: Life Insurance | Investing | Healthcare | Video | Natural Gas | Economy | Opinion | Economic Data | Insurance | Regulation | Politics | Health Insurance | Financial Services

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