CBO: 22 Million Could Lose Insurance Under Senate Plan

Delia Watkins
June 30, 2017

White House spokesman Sean Spicer said Trump talked with some of the opponents in hopes of getting them to vote in favor of the legislation.

Heller said in a statement, "I can not support a piece of legislation that takes away insurance from tens of millions of Americans and hundreds of thousands of Nevadans". It would "slightly increase" the number of people with insurance in the 2018 to 2026 period, the CBO said. How does this forecast affect the chances of the bill passing? With no votes from Democrats expected, McConnell can only afford to lose two votes from his side of the aisle. The CBO found that revisions in the bill lowered federal deficits by $119 billion and left a projected 51 million people uninsured, or 23 million more by 2026 than would be uninsured under the Affordable Care Act.

HORSLEY: The original Senate bill, which was unveiled last week, required insurance companies to offer coverage to everyone, including those with pre-existing medical conditions, but it didn't have any kind of requirement for individuals to have health insurance.

The bottom line for insurance premiums is that people would pay less for less: Many states would presumably opt out of ACA's required essential-health benefits, and would also take advantage of opportunities to let insurers require more out-of-pocket expenses.

Trump to speak on Comey tapes this week
And while Spicer has cut back on the number of televised press briefings , he is still on the payroll as both communications director and chief spokesman.

The bill is supported by Trump. By 2020, however, average premiums will be about 30 percent lower than they are now. The federal subsidies would be pegged to plans that only pick up 58% of costs, on average, roughly comparable to an Obamacare bronze plan. Most Americans who buy insurance on the individual market would actually end up paying more for health care, even if their premiums went down. Susan Collins, R-Maine, express concerns that the bill put forward by senior leadership would harm the nation's most vulnerable.

About half the U.S. population lives in states that would seek waivers from the Obamacare requirement that health plans cover certain essential health benefits, CBO estimated. But that's because the bill as presented to CBO abolished Obamacare's individual and employer purchasing mandates without providing any substitute provision to encourage young and healthy people to join or stay in the insurance market. It would also slap annual spending caps on the overall Medicaid program, which since its inception in 1965 has provided states with unlimited money to cover eligible costs. "It's time my colleagues drop their rush to vote on this "mean" bill that's been rejected by the public so we can work together on improvements to the health care system that benefit all Americans".

The federal government would save billions, mostly by making deep cuts to Medicaid.

Other reports by PlayStation Move reviews

Discuss This Article