Tag Archives: Congressional Budget Office

CBO report: Senate ‘Obamacare’ repeal bill would eliminate health care for 22 million Americans

The requisite Congressional Budget Office (CBO) score of the Senate “Obamacare” repeal bill that evil GOP bastard Mitch McConnell has been trying to delay as long as possible was released on Monday, and its conclusions are brutal. Steven Benen explains, CBO: Senate Republican plan would take coverage from 22 million:

During the debate over the House Republican plan, Sen. Susan Collins (R-Maine) made clear she was unimpressed with the GOP proposal. Any bill resulting “in 23 million people losing coverage is not a bill that I can support,” the Maine Republican said in March.

OK, how about 22 million?

The Senate health care bill would insure 22 million fewer people after a decade than current law, according to an analysis by the non-partisan Congressional Budget Office.

It would save $321 billion in the same period overall by spending $1 trillion less on health care and using the savings to repeal the Affordable Care Act’s taxes, which primarily affect wealthy individuals and medical companies.

The CBO’s full report is online here. Note that the impact imposed on the nation would be felt almost immediately – there would be 15 million more uninsured Americans next year, which happens to be an election year, according to the non-partisan office’s estimate – before getting worse in the years that follow.

Complicating matters, the CBO score added, “By 2026, among people under age 65, enrollment in Medicaid would fall by about 16 percent and an estimated 49 million people would be uninsured, compared with 28 million who would lack insurance that year under current law.”

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CBO Report on Zombie ‘Trumpcare’ bill: increase of 23 million uninsured and premiums out of reach for those with pre-exisitng conditions

The Zombie Trumpcare bill, the American Health Care Act (AHCA) which narrowly passed the House this month, would increase the projected number of people without health insurance by 14 million next year, would reach 19 million by 2020,  and 23 million in 2026, according to a new Congressional Budget Office (CBO) report (.pdf) released on Wednesday.

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The CBO issued two reports on earlier versions of the House bill in March. Both said that the legislation would increase the number of uninsured by 14 million next year and by 24 million within a decade, compared with the current law.

The New York Times reports, G.O.P. Health Bill Would Leave 23 Million More Uninsured in a Decade, C.B.O. Says:

The AHCA would reduce the federal deficit by $119 billion over a decade, less than the $150 billion in savings projected in late March for an earlier version of the bill [Trumpcare 2.0]. And in states that seek waivers from rules mandating essential health coverage, the new law could make insurance economically out of reach for some sick consumers.

CBO projects premiums would increase by an average of about 20 percent in 2018 and 5 percent in 2019. “Starting in 2020, however, average premiums would depend in part on any waivers granted to states and on how those waivers were implemented and in part on what share of the funding available from the Patient and Stte Stability Fund was applied to premium rediction.”

“People living in states modifying the essential health benefits (EHBs) who used services or benefits no longer included in the EHBs woud experience substantial increases in out-of-pocket spending on health care or would choose to forgo the services.”

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Source: The three numbers you need to understand the CBO report on Republicans’ health-care bill.

Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums,” the budget office concluded.

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