Million People Expected To Lose Healthcare Under Republican Plan
- Author: Zachary Reyes Mar 15, 2017,
Mar 15, 2017, 15:15
The number of uninsured people relative to the number under current law would rise to 21 million in 2020 and then to 24 million in 2026, the CBO said, with those reductions in insurance coverage stemming in large part from changes in Medicaid enrollment.
The CBO also estimates that the AHCA would reduce the deficit by $337 billion over the the next 10 years (due to cuts in Medicaid spending), and predicts an eventual (by 2026) decline in insurance premiums in the individual market, although older Americans will see higher premiums.
President Donald Trump famously promised "insurance for everybody" before taking office.
He reportedly brought it up again in private while talking to members of Congress about how he wants them to support the GOP's bad new healthcare bill in the House, and he brought it up again today-and then grudgingly muttered that they couldn't do it like someone took away his toys (around:40 in the video above).
CBO is a nonpartisan federal agency that conducts "independent analyses of budgetary and economic issues to support the Congressional budget process". He and other Republicans are trying to create a yardstick that will make the GOP plan look better by comparison.
CBO had predicted 23 million people would enroll in online marketplaces when Obama's law was enacted but the actual number was 12 million, largely because it overestimated how the individual mandate would prompt people to buy coverage.
"I recognize and appreciate concerns about making sure people have access to coverage", House Speaker Paul Ryan said. 'Because this isn't a government mandate.
Despite these similar building blocks, however, the new plan differs substantially in its implementation from the one it is meant to replace.
"We disagree strenuously with the report that was put out", Health and Human Services Secretary Tom Price said. "Far more people are predicted to lose coverage than many estimated - and these losses are going to happen more quickly than we would have thought", he said.
Obamacare provides subsidies for low-income Americans to pay their deductibles. I get it. But in the same way that members relied on the score last time, they were way off.
Even if it passes the House, it faces a tougher road in the Senate, where the GOP holds a slimmer majority. The Republican plan, called the American Health Care Act, rolls back those penalties. These include allowing children to remain on a parent's health plan until they turn 26, and not allowing insurers to deny coverage to people with pre-existing health problems. This plan will result in more people being uninsured, higher health insurance premiums and ultimately higher health costs.