By the numbers: Why millions go uninsured under Republicans' Obamacare alternative
Mar 16 2017 by Alex Thomas
- The non-partisan Congressional Budget Office dealt a blow to the new GOP healthcare plan to replace the Affordable Care Act shortly after it was released, saying 24 million Americans will lose coverage by the year 2026.
The CBO estimated that 14 million more Americans will be uninsured next year under the proposed Republican Obamacare replacement plan.
But the report said the Republican proposal, known as the American Health Care Act, "would reduce federal deficits by $337 billion over the 2017-2026 period".
"In 2018, 14 million more people would be uninsured under the legislation than under [the ACA]", the 37-page analysis continued.
What would happen to the federal budget deficit?
Republican senators, however, say that the CBO report could lead to some changes in the House bill, but not an outright rejection.
The ACA mandate is created to have insurance covermore of those costs by forcing more people - ideally, those who are young and healthy - into the market.
Rep. Charlie Dent, a Pennsylvania Republican and member of the House's moderate Tuesday Group, signaled another concern among moderates: that conservatives in the GOP conference are exerting huge influence over President Donald Trump and potentially imperiling efforts to reform healthcare at all. "Because this isn't a government mandate", he said on CBS" "Face the Nation" on Sunday.
As it stands, the GOP's replacement plan is championed by nearly no one, drafted amid blustery promises of repealing Obamacare, but supported by few Republicans and virtually no Democrats. But that number would explode over the next eight years, as the G.O.P. plan's cuts to Medicaid begin to kick in. Premium increases will be age specific, so while a healthy younger person may pay less, an older person will pay more.
At the White House, Health and Human Services Secretary Tom Price told reporters, "We disagree strenuously with the report that was put out". Thirty-one states - including 16 with Republican governors - elected to expand Medicaid under Obamacare and have found it to be a successful way of insuring low-income adults at little cost to their states.
"The premiums are up and deductibles are up".
8 percent to 10 percent lower for a 40-year-old. The long-awaited analysis from the nonpartisan congressional scorekeeper is likely to shake up the debate in Congress over the measure, which could come up for a vote in the House next week.
"So the press is making it (Obamacare) look so wonderful that if we end it, everyone's going to say, 'Oh, remember how great Obamacare used to be?" If the House passes the bill, it will be sent to the Senate for approval. Numerous provisions in the Republican bill, the American Health Care Act, would not take effect until 2020.
Ryan added the Republican plan would lower healthcare costs and allow more people to afford coverage if they want it.
House of Representatives Speaker Paul Ryan, the Republican plan's top backer in Congress, said he expected the CBO report on Monday or Tuesday.