Graham-Cassidy is Terrible Legislation

WASHINGTON—Third Way released the following statement:

"When Republicans have nothing left to offer, they reach for their old stand-by: block grants. The Graham-Cassidy bill is terrible. This last-ditch effort to repeal and replace Obamacare is yet another effort to bring an unforced catastrophe to our health care system. It would replace federal funding for health coverage with a state-run system. It would cut funding for coverage in all states and punish states that have expanded Medicaid with even greater cuts. It uses state waivers to gut federal protections for coverage of pre-existing conditions, limits on insurance premiums for older and sicker Americans, and essential benefits like pregnancy coverage. In short, it would make health care less stable and far less secure.

"Instead of scrambling to come up with health policy on the fly, Congress should follow the lead of Senators Lamar Alexander and Patty Murray and pass a bipartisan insurance stabilization package as Third Way and others have proposed."