Factbox: Republican Obamacare plan would repeal Medicaid expansion, taxes(Reuters) - Republicans in the U.S. House of Representatives have unveiled a plan to replace Obamacare, known formally as the Affordable Care Act, stripping away much of Democratic President Barack Obama’s signature domestic policy achievement that insured 20 million Americans.  President Donald Trump and his Republicans had vowed for years to dismantle the law. It was a central campaign issue in 2016. Two House committees will next review the bill, so it could still change substantially. Here are its main provisions:  The Republicans want to eliminate next year Obamacare’s income-based tax credits that help low-income people purchase individual insurance. These would be replaced with age-based tax credits ranging from $2,000 to $4,000 per year that would be capped at upper income levels. While Obamacare’s credits provided more assistance to those with lower incomes, those in the Republican plan would be largely based on age.  The Republican bill would abolish most Obamacare taxes, including taxes on medical devices, health insurance premiums, indoor tanning salons, prescription medications and high-cost employer-provided insurance known as “Cadillac” plans. Those taxes paid for Obamacare. Republicans have not said how they would pay for the parts of the law they want to keep.  The bill also repeals the Obamacare financial penalty for the 2016 tax year for not purchasing insurance, as well as a surtax on investment income earned by upper-income Americans.  And it repeals the mandate that larger employers must offer insurance to their employees. Under Obamacare, more than 30 states, including several Republican states, expanded the Medicaid government health insurance program for the poor. About half of Obamacare enrollees obtained insurance through the expansion. The bill would allow the Medicaid expansion to continue until January 1, 2020, providing states that chose not to expand under Obamacare a window to enroll more people. After that date, the expansion would end and Medicaid funding would be capped on a per-person basis. States that did not expand Medicaid would receive additional funds through a number of changes, including the reinstatement of disproportionate share hospital payments, money that is provided to hospitals that serve a large number of Medicaid and uninsured people. State Medicaid plans would no longer have to cover the same essential health benefits that health insurers on Obamacare’s exchanges must provide. That fulfills a Republican promise to return more control to the states, as they can decide what their Medicaid plans must cover. The Republican plan would maintain some of Obamacare’s most popular provisions. It would allow young people to stay on their parents’ health plan until age 26, ban insurers from discriminating against those with pre-existing conditions and bans insurers from setting a lifetime dollar limit on coverage. But the bill would allow insurers to mark up premiums by 30 percent for those who have a lapse in insurance coverage of about two months or more.  Insurers won another provision they had long sought: The ability to charge older Americans up to five times more than young people. Under Obamacare, they could only charge up to three times more. It would also allow states to set their own ratio.  The measure also provides states with $100 billion to create programs for patient populations, including high-risk pools to provide insurance to the sickest patients. The bill would also revoke federal funding for Planned Parenthood for one year. politicsNews
factor republican obamacare plan would repeal medical expansion taxes reuters republicans house representatives unveiled plan replace obamacare known formally affordable care act stripping away much democratic president barack obama signature domestic policy achievement insured million americans president donald trump republicans vowed years dismantle law it central campaign issue two house committees next review bill could still change substantially here main provisions the republicans want eliminate next year obamacare tax credits help people purchase individual insurance these would replaced tax credits ranging per year would capped upper income levels while obamacare credits provided assistance lower incomes republican plan would largely based age the republican bill would abolish obamacare taxes including taxes medical devices health insurance premiums indoor tanning salons prescription medications insurance known cadillac plans those taxes paid obamacare republicans said would pay parts law want keep the bill also reveals obamacare financial penalty tax year purchasing insurance well syntax investment income earned americans and reveals mandate larger employers must offer insurance employees under obamacare states including several republican states expanded medical government health insurance program poor about half obamacare enrolled obtained insurance expansion the bill would allow medical expansion continue january providing states chose expand obamacare window enroll people after date expansion would end medical funding would capped basis states expand medical would receive additional funds number changes including reinstatement disproportionate share hospital payments money provided hospitals serve large number medical uninsured people state medical plans would longer cover essential health benefits health insurers obamacare exchanges must provide that fulfills republican promise return control states decide medical plans must cover the republican plan would maintain obamacare popular provisions it would allow young people stay parents health plan age ban insurers discriminating conditions bans insurers setting lifetime dollar limit coverage but bill would allow insurers mark premiums percent lapse insurance coverage two months insurers another provision long sought the ability charge older americans five times young people under obamacare could charge three times it would also allow states set ratio the measure also provides states billion create programs patient populations including pools provide insurance wickets patients the bill would also revoke federal funding planned parenthood one year politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Factbox: Republican Obamacare plan would repeal Medicaid expansion, taxes(Reuters) - Republicans in the U.S. House of Representatives have unveiled a plan to replace Obamacare, known formally as the Affordable Care Act, stripping away much of Democratic President Barack Obama’s signature domestic policy achievement that insured 20 million Americans.  President Donald Trump and his Republicans had vowed for years to dismantle the law. It was a central campaign issue in 2016. Two House committees will next review the bill, so it could still change substantially. Here are its main provisions:  The Republicans want to eliminate next year Obamacare’s income-based tax credits that help low-income people purchase individual insurance. These would be replaced with age-based tax credits ranging from $2,000 to $4,000 per year that would be capped at upper income levels. While Obamacare’s credits provided more assistance to those with lower incomes, those in the Republican plan would be largely based on age.  The Republican bill would abolish most Obamacare taxes, including taxes on medical devices, health insurance premiums, indoor tanning salons, prescription medications and high-cost employer-provided insurance known as “Cadillac” plans. Those taxes paid for Obamacare. Republicans have not said how they would pay for the parts of the law they want to keep.  The bill also repeals the Obamacare financial penalty for the 2016 tax year for not purchasing insurance, as well as a surtax on investment income earned by upper-income Americans.  And it repeals the mandate that larger employers must offer insurance to their employees. Under Obamacare, more than 30 states, including several Republican states, expanded the Medicaid government health insurance program for the poor. About half of Obamacare enrollees obtained insurance through the expansion. The bill would allow the Medicaid expansion to continue until January 1, 2020, providing states that chose not to expand under Obamacare a window to enroll more people. After that date, the expansion would end and Medicaid funding would be capped on a per-person basis. States that did not expand Medicaid would receive additional funds through a number of changes, including the reinstatement of disproportionate share hospital payments, money that is provided to hospitals that serve a large number of Medicaid and uninsured people. State Medicaid plans would no longer have to cover the same essential health benefits that health insurers on Obamacare’s exchanges must provide. That fulfills a Republican promise to return more control to the states, as they can decide what their Medicaid plans must cover. The Republican plan would maintain some of Obamacare’s most popular provisions. It would allow young people to stay on their parents’ health plan until age 26, ban insurers from discriminating against those with pre-existing conditions and bans insurers from setting a lifetime dollar limit on coverage. But the bill would allow insurers to mark up premiums by 30 percent for those who have a lapse in insurance coverage of about two months or more.  Insurers won another provision they had long sought: The ability to charge older Americans up to five times more than young people. Under Obamacare, they could only charge up to three times more. It would also allow states to set their own ratio.  The measure also provides states with $100 billion to create programs for patient populations, including high-risk pools to provide insurance to the sickest patients. The bill would also revoke federal funding for Planned Parenthood for one year. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: factor republican obamacare plan would repeal medical expansion taxes reuters republicans house representatives unveiled plan replace obamacare known formally affordable care act stripping away much democratic president barack obama signature domestic policy achievement insured million americans president donald trump republicans vowed years dismantle law it central campaign issue two house committees next review bill could still change substantially here main provisions the republicans want eliminate next year obamacare tax credits help people purchase individual insurance these would replaced tax credits ranging per year would capped upper income levels while obamacare credits provided assistance lower incomes republican plan would largely based age the republican bill would abolish obamacare taxes including taxes medical devices health insurance premiums indoor tanning salons prescription medications insurance known cadillac plans those taxes paid obamacare republicans said would pay parts law want keep the bill also reveals obamacare financial penalty tax year purchasing insurance well syntax investment income earned americans and reveals mandate larger employers must offer insurance employees under obamacare states including several republican states expanded medical government health insurance program poor about half obamacare enrolled obtained insurance expansion the bill would allow medical expansion continue january providing states chose expand obamacare window enroll people after date expansion would end medical funding would capped basis states expand medical would receive additional funds number changes including reinstatement disproportionate share hospital payments money provided hospitals serve large number medical uninsured people state medical plans would longer cover essential health benefits health insurers obamacare exchanges must provide that fulfills republican promise return control states decide medical plans must cover the republican plan would maintain obamacare popular provisions it would allow young people stay parents health plan age ban insurers discriminating conditions bans insurers setting lifetime dollar limit coverage but bill would allow insurers mark premiums percent lapse insurance coverage two months insurers another provision long sought the ability charge older americans five times young people under obamacare could charge three times it would also allow states set ratio the measure also provides states billion create programs patient populations including pools provide insurance wickets patients the bill would also revoke federal funding planned parenthood one year politicsnews