Trumpcare: What's in, what's out

The House Republican Obamacare replacement package is finally out, and the two main health care committees — Ways and Means, and Energy and Commerce — are scheduled to start working on the bills on Wednesday. Here's your speed read on what's in them — summaries are available here and here:

In:

• Pre-existing condition coverage
• Continuous coverage — 30 percent penalty if people don't keep themselves insured
• Special fund to help states set up "high-risk" pools, fix their insurance markets, or help low-income patients
• Enrollment in expanded Medicaid will be frozen
• Current enrollees can stay until 2020, and keep getting extra federal funds, until they leave the program on their own
• Medicaid will change to "per capita caps" (funding limits for each person) in fiscal year 2020
• A new, refundable tax credit will be available in 2020 to help people buy health insurance
• Covers five age groups — starts at $2,000 for people in their 20s, increases to $4,000 for people in their 60s
• It's not means tested, but phased out for upper-income people (starting at $75,000 for individuals, $150,000 for families)
• Insurers can charge older customers five times as much as young adults

Out:

• All Obamacare taxes
• All Obamacare subsidies, including its premium tax credit
• Individual, employer mandate penalties
• "Cadillac tax" (until 2025)
• No longer will limit the tax break for employer-sponsored health coverage
• No payments to insurers for cost-sharing reductions
• Selling insurance across state lines (can't be done in the "reconciliation" bill)
• Medical malpractice reform (can't be done in the "reconciliation" bill)