Analysts say GOP healthcare bill leaves 23M more uninsured

Analysts say GOP healthcare bill leaves 23M more uninsured

The procedure allows Republicans to need only a simple majority in the Senate to pass the bill and avoid a Democratic filibuster. There, "people who are less healthy (including those with preexisting or newly acquired medical conditions) would ultimately be unable to purchase comprehensive nongroup health insurance at premiums comparable to those under current law, if they could purchase it at all", the CBO wrote. It would cost 23 million people their insurance coverage within 10 years.

The report reveals that it would reduce deficits by $119 billion, but it would be a tax break for the rich and hurt the poor and elderly.

U.S. Sen. Bob Menendez also cited the report in a statement attacking the Republican bill. "This bill of false goods that hastily passed the House would literally put millions of lives at risk".

Three weeks after House Republicans voted to repeal Obamacare without waiting to find out how Americans would be affected by their own health-care plan, the nonpartisan Congressional Budget Office has weighed in-and the updated results are devastating. "I know the American Health Care Act would do this better than the Affordable Care Act does", he said. An add-on policy that covers maternity care could cost $1,000 a month or more, CBO said - raising both up-front and out-of-pocket costs for women.

Trump on Tuesday released a 10-year budget plan containing jarring, politically unrealistic cuts to the social safety net and a broad swath of domestic programs.

To use this procedure, however, Senate rules mandate the bill must save at least $2 billion.

Also, Republicans have committed to putting more money in the State Stability Fund to help states and insurers deal with high-cost enrollees.

The Republicans' first legislative effort was pulled from the House floor for lack of support only minutes before a scheduled vote in March.

Congressman calls for Trump's impeachment on House floor
But top Democrats like House Minority Leader Nancy Pelosi have been quick to distance themselves from that sort of talk. And that, they said, could lead down a road that ends with the president's ouster - but that the facts aren't in yet.

The most egregious provisions of the original House repeal bill remained in the revised version.

More than half of that increase in the uninsured - 14 million - would come from reduced Medicaid enrollment.

According to the report, 23 million would lose health insurance under the House plan. These aren't just numbers; this bill would cause families in Virginia to lose health insurance.

Democrats have hammered Republicans over the American Health Care Act, and the Wednesday report only fanned the flames. That's because the AHCA allows insurers to charge older people up to five times as much as younger people. "Sick people would be more likely to be priced out of the market in states that take up the waiver, meaning those exchanges would be more affordable for healthy people to get in". However, the agency found that healthy people could purchase insurance with relatively low premiums.

For ill people in those states, "it would become more difficult" for seriously ill people to buy insurance "because their premiums would continue to increase rapidly", the report said.

Most of the people losing coverage would be those on Medicaid, which covers low-income Americans, and those with private health care plans. Rolling back that expansion would limit future enrollments.

CBO is expected to weigh in on how these changes will affect premiums. Their average premiums would be lower by 2026 than they would be under Obamacare, but mainly because they would have fewer benefits. In a state making those "moderate" changes to its market, that 64-year-old would pay $13,600, and in a state with no waivers, the cost would be $16,100.

That's according to a new estimate released Wednesday by the Congressional Budget Office. The CBO score, to the delight of Democrats, does remind us how counterproductive is the GOP House bill, which every member will have to defend in 2018.