Congressman Responds To New Republican Health Plan
- Author: Zachary Reyes May 27, 2017,
May 27, 2017, 11:40
The CBO says the House reform bill would actually save the government money by reducing the federal deficit by $119 billion over the next 10 years while also cutting taxes by almost a trillion dollars and reducing spending by more than a trillion.
House Republicans came under sharp criticism for passing the bill before the CBO could make its assessment. "However, there is still work to do as the bill moves on to the U.S. Senate".
The nonpartisan agency's finding, which drew immediate fire from Democrats, patient advocates, health industry officials and some business groups, is likely to complicate Republicans' push to pass a companion bill in the Senate.
Under the AHCA, 44 percent of American voters say their health insurance costs will go up, while 12 percent say they will go down and 33 percent say they will stay the same. His reaction follows a report released by the Congressional Budget Office (CBO), which Rep. Brooks says validates key changes he insisted upon in the original bill.
The new CBO score predicts the AHCA would cover one million more USA citizens than Republicans' previous version of the bill, which the agency estimated would have left 24 million more people uninsured than Obamacare in 2026.
House Speaker Paul Ryan, R-Wis., used a Trump administration report on premiums as the centerpiece for a news conference.
While some people would see their costs rise, Republicans say healthy people will see their premiums reduced because they won't be forced to accept plans that cover services they don't need.
States would be allowed to waive federal preexisting condition protections for individuals whose coverage lapses for over 30 days; these states would have access to an additional $8 billion in high-risk pool funding.
The Republican legislation that would repeal and replace the Affordable Care Act - also known as Obamacare - would reduce the federal deficit by $119 billion. As a result, the nongroup markets in those states would become unstable for people with higher-than-average expected health care costs. The Congressional Budget Office said that in states that take full advantage of the House plan's waivers to insurance requirements, healthy people might flock to skinnier, lower-premium plans. These waivers would make it possible for states to disregard essential health benefit standards - which require that certain kinds of care be covered by insurers participating in in state marketplaces - and community rating, which makes health care more affordable for people with pre-existing conditions. First, he ignores the fact that lower premiums only matter to those who can actually get health insurance.
Democrats blasted the bill and said the CBO report proved it would be catastrophic for millions of people who would lose health insurance.
He was working with Senate Republican leadership and the Finance and HELP committees, which oversee health policy.
But premiums would fall overall, the report said, because policies would offer fewer benefits and sicker people would leave the market because they wouldn't be able to afford insurance.