Heller is the third Republican to oppose the bill.
CBO says 24 million fewer Americans would have health insurance by 2026. Why? While the change may seem relatively minor to most people, Davis said, it would have a profound impact on people with diminished or impaired mental capacity. Others would forgo insurance in response to higher premiums.
The truth is younger participants would probably not participate, and seniors could not afford to participate in the later years of the bill, which means at least 14 million non-participants in the first allay, and in the later years nearly double.
Although some consider this report to be a knock against the GOP bill, many advocate for the bill’s intent to lower overall federal spending – a point the report affirms, citing a reduction of $337 billion in federal deficits from 2017-26.
Those are, again, CBO estimates.
But Trump appeared delighted that they were now in support of the bill.
But the Republican Study Committee is far from the only constituency within the House GOP that President Trump has to deal with. Under the GOP bill, states that expanded Medicaid would get more money.
Republican Sen. Lindsey Graham of SC offered a more reasoned perspective on the congressional budget report this week: “If they’re half right, that’d still be a lot of people who are uninsured”.
He is going to need a Plan C because there is a big problem with Plan B.
In a letter on Thursday to Ryan and Senate Republican leader Mitch McConnell, the Republican governors of Ohio, Michigan, Nevada and Arkansas said the current bill does not provide new flexibility for states but shifts significant costs to them. Better yet, they should look for ways to retain and fix the current law.
The conservative Freedom Caucus, which consists of about 40 House members, is still not on board, per a tweet Friday. That won’t and shouldn’t happen.
Would the cost of premiums rise or fall under the GOP plan? The report was issued by the Centers for Medicare and Medicaid Services, which also administers the ACA’s insurance markets.
So the next chapter begins: What might an improved bill include?
But the congressional numbers crunchers aren’t the only ones predicting dire consequences from the GOP plan.
A report from the Kaiser Family Foundation found that Americans at retirement age living on $15,000 annual incomes could lose almost $5,900 in tax credits per year tp help pay for coverage under the proposed health plan. Yes, probably by adjusting the Medicaid provisions.
“This is a great plan”.
But remember that if Washington fiddles, Obamacare may burn.
Or maybe, as Ryan says, it’s all according to plan. “This is the moment”. Doctor Deane Waldman with the right-leaning Texas Public Policy Foundation says there are things he likes in the bill.
Who can forget all the scary claims coming from Congressional Republicans and candidate Trump about skyrocketing premiums under ObamaCare? It won’t. Time for Republican leaders to respond and retool.