Quartz : reported that BCRA CBO Score: The Republican health care bill will leave people buying their own insurance with higher out-of-pocket costs than today — Quartz

This would leave most lower-middle-class people paying higher annual insurance premiums than under the current law, to start. And once again, the savings on these plans come at the expense of higher costs on the elderly. In current law, the Affordable Care Act (ACA), the benchmark plan must cover 70% of those costs. The current law allows them to charge only three times as much. Under current law, they could drop down to a lower-quality plan, called a bronze plan, with a $700 premium and an $800 deductible.

How Senate health bill would affect insurance coverage

The CBO estimated that the bill, Better Care Reconciliation Act (BCRA), would result in the 22 million fewer people with health insurance by 2026 compared to the current system. According to the CBO, 15 million fewer people would be on Medicaid in 2026 compared to the current baseline. In 2026, the CBO also estimated that seven million fewer people who did not have access to coverage through their employer or a program like Medicaid would be without insurance. The Congressional Budget Office on Monday released its report on the Senate Republican healthcare bill. But while some, especially younger and more affluent people, would choose not to purchase insurance, the CBO estimated that many older and low-income Americans would not get coverage because it would be too expensive.

John Thune pushes back against claims that the health insurance bill is 'immoral'

Sen. John Thune pushed back Tuesday against claims that the Republican health care bill is "immoral."Mr. Thune was reacting to Colorado Gov. "We think it's immoral that people have to pay what they're paying today to get insurance," Mr. Thune, South Dakota Republican, said on CNN. I think there's a lot of rhetoric being thrown around out there," he said. Mr. Thune also added that there would be a temporary spike in coverage next year, but that premiums would drop 30 percent by 2020. Mr. Hickenlooper, a Democrat, said the bill is "immoral" due to cuts to coverage and Medicaid.


collected by :Lucy William

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