Up to 24 million could lose health cover if Obamacare replaced
- Author: Leroy Wright Mar 15, 2017,
Mar 15, 2017, 15:19
The Congressional Budget Office report on Trumpcare is out, and it's devastating: 14 million people losing insurance in the first year, 24 million over time, with premiums soaring for older, lower-income Americans - in many cases, the very people who went strongly for President Trump.
A reporter noted that CBO got to that figure by estimating that fewer older Americans would get coverage, but Price said CBO did not take into account the entire for repealing and replacing the Affordable Care Act, or Obamacare.
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.
The Congressional Budget Office is expected to provide its evaluation of the bill as soon as Monday.
Prior to the report, Republicans had been planning to vote soon on the Bill in the House, where it is likely to pass, and send it to the Senate, where its outlook is uncertain.
The CBO on Monday projected the number of people without health insurance would grow by 14 million in 2018 under the Republican replacement bill.
The plan to replace the Affordable Care Act has faced backlash from Democrats and even some Republicans, as well as medical providers, doctors and hospitals. "The primary impetus for the trouble in my opinion, aside from it being the largest welfare plan proposed by the Republicans in the Republican Party's history, is that we just had two reports come out in January". "CBO will do what they need to do", Gary Cohn, director of the White House National Economic Council, said on Fox News Sunday.
U.S. Rep. Sander Levin, D-Royal Oak, said the CBO report "shows in a clear, shocking way (that) the Republican plan jeopardizes for the American people insurance vital for their health, and often their lives".
"You know why? Because this isn't a government mandate", Ryan told NBC's Meet the Press. Insurers would be allowed to add on a 30 percent premium surcharge for one year. "In addition, CBO and [the Joint Committee on Taxation] expect that, over time, fewer employers would offer health insurance to their workers".
"We disagree strenuously with the report", Health and Human Services Secretary Tom Price said at a briefing. Republicans have said there are certain features of Obamacare that they'd like to retain.
Trump said the Republican healthcare plan "lowers cost, expands choice and ensures access for everyone". It also undermines President Trump's pledge that no Americans would lose coverage under a Republican remake of the Affordable Care Act. I think the leadership, Paul Ryan and the rest of the leadership pulled the wool over President Trump's eyes.