GOP health bill: 23M more uninsured; sick risk higher costs

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26 May, 2017

The GOP bill would also reduce the deficit by $119billion over 10 years.

The new estimate was recently released by the Congressional Budget Office (CBO), weeks after the AHCA was passed.

And Sen. Lamar Alexander, R-Tenn., dismissed talk of the House bill, NBC News reported.

It will also cause premiums to decline as less sick individuals sign up for insurance under the bill.

The original version of the AHCA was introduced in early March.

"The report makes clear Trumpcare would be a cancer on the American healthcare system", Senate Democratic leader Chuck Schumer said at a news conference.

Senate Majority Leader Mitch McConnell was frank on Wednesday about just how hard it will be to pass a health care bill in the Senate. "I don't know how we get to 50 (votes) at the moment. But that's the goal", he said. Later revisions reduced those savings to $150 billion. "Millions of Americans will become uninsured -with low-income families on Medicaid being hit the hardest". Cutbacks in subsidies for individual health insurance would likewise help cut $276 billion.

The Republican's bill is created to repeal most Obamacare taxes, such as a penalty for not purchasing health insurance. This revised bill would reduce that by around 1 million - a difference of less than half a percentage point.

It's worth remembering that the CBO can be wrong: The agency was about 12 million off on its projection of how many people would enroll in Obamacare's exchanges. They've been particularly divided over making drastic cuts to Medicaid. The CBO echoed a similar sentiment in its report Wednesday.

The Trump administration responded by saying it believes the CBO's numbers are unreliable. Bill Cassidy (R-La.), a key swing vote in the Senate, said that "Congress's focus must be to lower premiums with coverage which passes the Jimmy Kimmel test", referring to the late-night host's tearful monologue about the health problems of his newborn son. Likewise, it undershot on the number of Medicaid enrollees. One of the major reasons the American Health Care Act got through the House earlier this month was because of the addition of the so-called MacArthur amendment. "In particular, states would have a wide range of options-notably, the optional waivers discussed above that would allow them to modify the minimum set of benefits that must be provided by insurance sold in the nongroup and small-group markets and that would permit medical underwriting for people who did not demonstrate continuous coverage".

More news: Video shows Hillary Clinton practicing avoiding Trump's hugs

As Trump and Republican leaders sought to bring wavering lawmakers on board with the House bill, they added a controversial last-minute amendment that would give states leeway to drop an Obamacare requirement that forces insurers to charge sick and healthy people the same insurance rates.

About one-sixth of the population resides in states that CBO and JCT expect would obtain waivers from EHB and community-rating requirements and make substantial changes to market regulations.

"Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums", according to the CBO report.

The majority of Healthcare.gov states (62 percent) saw average premium increases between 2013 and 2017 of more than 100 percent, meaning average premiums in most states have more than doubled. But for older and poorer Americans, the effect will mostly be worse.

Others said the CBO score raised concerns about whether there's enough money for high-risk pools, which would be used to cover people who would be priced out of the marketplace if the Affordable Care Act is repealed.

The answers depend a lot on your income, age, health and place of residency. Budgetary rules stipulate that whatever health care bill becomes law must cut the federal budget.

"That isn't right. In fact, it's downright mean", she said in her statement.

In the states that don't request waivers, average premiums would be about 4% lower than under Obamacare. The bill's flaws, substantive and otherwise, have always been evident.

The Senate's legislation will require its own CBO score. But Democrats pounced on the new assessment, and many congressional watchers said the political fallout from the CBO release could derail efforts now underway in the Senate to get agreement on a new version of HR 1628.

Ultimately, yes. The bill has to save $2 billion overall - this bill saves $119 billion over ten years.


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