Insurer trade group blasts latest ObamaCare repeal bill

Insurer trade group blasts latest ObamaCare repeal bill
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The nation's leading insurer group came out against the GOP's latest ObamaCare repeal effort Wednesday, warning that it could destabilize the individual market and hurt people with pre-existing conditions. 

In a letter to Senate leadership, America's Health Insurance Plans said a repeal bill sponsored by GOP Sens. Lindsey GrahamLindsey Olin GrahamAlabama election has GOP racing against the clock Graham on Moore: 'We are about to give away a seat' key to Trump's agenda Tax plans show Congress putting donors over voters MORE (S.C.) and Bill CassidyWilliam (Bill) Morgan CassidyTrump met Senate Republicans on ObamaCare fix Senate GOP tax bill will include repeal of ObamaCare mandate Alabama GOP chair warns party officials against write-in campaign MORE (La.) would have "real consequences on consumers and patients."

The bill would further destabilize the individual market; cut Medicaid; pull back on protections for pre-existing conditions; not end taxes on health insurance premiums and benefits; and potentially allow government-controlled, single-payer health care to grow, wrote Marilyn Tavenner, the group's President and CEO.

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"While we cannot support this proposal, we will keep working to find the right solutions that reflect the commitment we all share: affordable coverage and high-quality care for every American. By working together, we can improve health care and deliver the coverage and care that every American deserves," she said. 

The trade association has been mostly silent during the repeal process, but did come out against a "skinny" repeal bill that died on the floor in July. 

Opposition to the latest bill is mounting, as some governors, health care groups and others come out against it. 

The bill would largely dismantle ObamaCare and convert its funding to block grants to states, giving them flexibility to design new programs.

A spokesman for Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellAlabama election has GOP racing against the clock McConnell PAC demands Moore return its money Klobuchar taking over Franken's sexual assault bill MORE (R-Ky.) said the leader intends to consider the bill on the floor next week.