CBO says 23 million Americans to lose health insurance

". Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums, despite the additional funding that would be available under [the AHCA] to help reduce premiums", the analysis reads. "They're predicting how states are going to act", MacArthur said, arguing that the CBO has no way of knowing how many states will take the waivers. Another third live in states that would nix numerous essential health benefits Obamacare now guarantees, such as maternity and mental health care. A change in the rules governing how much more insurers can charge older people than younger people, effective in 2019, would directly alter the premiums faced by different age groups, substantially reducing premiums for young adults and raising premiums for older people.

House Speaker Paul Ryan, who worked tooth and nail to secure the bill's passage, lauded the lower premiums, but made no mention of the likely less encompassing coverage.

The budget office projected that premiums in those states would be lower for healthy people than under current law because their coverage would be narrower, but did not estimate an amount. About half the U.S. population lives in these states.

Under the AHCA bill, states that abandon the ACA's insurance-market reforms must choose to create "high risk pools" or join a new federal government-established risk-sharing program, both of which choices are meant to provide coverage to individuals with pre-existing conditions who will inevitably be priced out of the commercial market.

The budget office also said the legislation would increase premiums by an average 15 per cent to 20 per cent over the next two years, but push premiums 10 per cent lower than they'd otherwise be by 2026. Moreover, the ACA's ban on annual and lifetime limits on covered benefits would no longer apply to health benefits not defined as essential in a state.

Under reconciliation - in which legislation can be considered without a Democratic filibuster - the health care legislation can only be considered if it reduces the deficit by at least $2 billion over 10 years. "That instability would cause some people who would have been insured in the nongroup market under current law to be uninsured", the office said.

Trump's Health and Human Services secretary, Tom Price, dismissed the new analysis. Republicans have faced division within their own party over how to repeal and replace Obamacare.

These waivers formed the core of a deal with the House Freedom Caucus that secured enough conservative votes to pass the bill.

I'll keep posting more statements here as I see them... "After Obamacare collapses, we should challenge Democrats to work with us to fix the mess they created". "The CBO has again separated press releases and sound bites from reality and confirmed that Trumpcare hurts American families". It would replace Obama's tax subsidies for health insurance consumers, based mostly on income and premiums, with GOP tax credits geared more to people's ages. "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".

Democrats jumped on the report as evidence they are right that the House bill is cruel and politically toxic. Schumer says House bill belongs "in the trash" Five takeaways from the CBO healthcare score MORE (R-Nev.) said after the CBO's release that he still opposes the bill "in its current form".

Several key outside groups, including those representing physicians, hospitals and patients, said the updated projections underscored the need for the Senate to shift course.

"The CBO score proves what we already knew: This latest version of "Trumpcare" is still a tax break for the very wealthy disguised as "care" for American families", Rep. Donald Norcross, D-1st of Camden, said in a statement. But the tactic can only be employed with legislation that meets certain technical, budget-related requirements.

GOP senators say they have no firm timetable for moving on a bill.

The legislation narrowly passed the House earlier this month.

To avoid a filibuster by Democrats, Senate Republicans plan to take the bill up under budget reconciliation rules - which only require a majority vote but mean the legislation can not increase the federal deficit within a 10-year window. Their resistance led McConnell to declare the Senate will write its own bill.



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