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

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

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

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.

The Congressional Budget Office (CBO) has released its CBO score report for the GOP healthcare bill.

The CBO said federal deficits would fall by $119 billion between 2017 and 2026 under the Republican bill.

The measure was harshly criticized by independent Senator and former presidential hopeful Bernie Sanders, who said the House bill is reflective of Trump's proposal to cut $3.6 trillion in government spending over the next decade, partially by cutting taxes for wealthy Americans.

The older person's premium would be more than nine times higher than they would pay under current law, according to that calculation.

The CBO estimated how many states might accept those waivers and what they might put in place of the current rules. In this report, it states that premiums for up to one-sixth of the people in the individual market could see their premiums go up, and they wouldn't be able to afford them. The agency estimated that about one-sixth of the US population - more than 50 million people - live in states that would make substantial changes under the waivers.

The CBO did indeed far overestimate the number of people who would sign up for the Obamacare exchanges, as FactCheck.org's Brooks Jackson wrote in March.

DAVIS: You know, Senate Majority Leader Mitch McConnell gave an interview to Reuters today in which he said he does not know yet how he's going to get to 50 votes.

After some revisions - but not waiting to receive the CBO score on the tweaked legislation - the bill squeaked by the House and headed to the upper chamber.

"While I am in favor of repealing Obamacare, I am opposed to the American Health Care Act in its current form", Republican Senator Dean Heller said in a statement. It's still bad news for the 23,000,000 people who will lose their health care coverage if the Senate approves a similar bill, of course, and there's lots of bad news in the CBO report for people who manage to hold on to their health insurance after the Republicans get through "repealing and replacing" Obamacare. Prior to 2013, insurers were allowed to turn away people with health problems, and there was no federal requirement for a standard benefits package. That report estimated that 24 million fewer would be insured in 2026 if this bill were to become law, putting the uninsured rate at around 18.6 percent.

But unlike Obamacare, which was the subject of multiple committee hearings and "markup" sessions where changes could be made, Murray said the Senate GOP plan is being drafted in private.

This estimate of the American Health Care Act (AHCA) projects that 1 million fewer people would lose their health insurance over that period than had been previously estimated when the CBO scored earlier versions of the bill.

Sen. Susan Collins, R-Maine, added: "Unfortunately, the CBO estimates that 23 million Americans would lose insurance coverage over the next decade, and the impact would disproportionately affect older, low-income Americans". In states that made moderate changes to their markets, representing about one-third of the USA population, premiums would fall 20 per cent on average. Other states would take one or the other waiver and still others may not change health care requirements at all.