Posted on 03/13/2017 3:44:17 PM PDT by Ennis85
An estimated 14 million more people would lose insurance coverage in 2018 under the new Republican healthcare plan, according to a budget analysis. The Congressional Budget Office (CBO), a nonpartisan group of budget analysts and economists, released its assessment on the long-awaited Republican bill. It said the number of extra uninsured would jump to 24 million by 2026. The bill would also reduce the federal deficits by $337bn (£275bn) over the 10-year period, according to the CBO. Those savings could help House Republicans sell the legislation to some conservatives who remain sceptical about costs. President Donald Trump has backed the plan, which would replace the Affordable Care Act, but the new legislation has faced a backlash from Democrats and even some Republicans.
Republicans have said the goal of the American Health Care Act is to lower costs and that coverage statistics are misleading due to the high out-of-pocket costs under President Barack Obama's signature health law. House Speaker Paul Ryan highlighted the CBO analysis' conclusions on deficit reduction and decreased premiums. "I recognise and appreciate concerns about making sure people have access to coverage," Mr Ryan said. "[O]ur plan is not about forcing people to buy expensive, one-size-fits-all coverage. It is about giving people more choices and better access to a plan they want and can afford."
Health and Human Services Secretary Tom Price said the administration "strenuously disagreed" with the report's findings on the number of people who would lose coverage. "Right now, current law, we've got individuals who have health coverage but no healthcare," he said after the assessment was released.
Mr Price contended the new plan would cover more individuals at a lower cost. Democrats jumped on the figures in the new assessment.
(Excerpt) Read more at bbc.com ...
Most are like me - premiums went from $360/mo. to cancelled to $938/mo. to cancelled to $1497/mo. this year. I can’t afford more than my mortgage payment to cover the non-productive parasites, thus I’m uninsured as of Jan. Thru absolutely no fault of my own. Family of 3, in Texas (with one option for coverage). You do the math idiot.
Remove the mandate and all sorts of folks will opt not to purchase insurance....
Umm, yeah. That's what I said.
So I'm not wrong.
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