The block grant proposal in the Graham-Cassidy bill would erode coverage of needed medical services and pose major issues for state budgets. Repealing the individual mandate without alternative incentives for enrollment will lead to fewer people enrolled and higher premiums.
Millions of Americans will pay more for an insurance policy that comes with a much steeper deductible under the new Senate plan, according to some health economists and insurance experts, including Kaiser Permanente Chairman and CEO Bernard J. Tyson.
Bernard J. Tyson, Kaiser Permanente chairman and CEO, and John Noseworthy, Mayo Clinic president and CEO, were interviewed live on CNBC during the World Economic Forum in Davos, Switzerland. They spoke about the Affordable Care Act and implementing reforms in the health care system.