The CBO report says 23 million Americans would be left uninsured by the House plan, although that number includes many people who simply wouldn't buy insurance because they wouldn't be forced to like they were under Obamacare.
"The goal was to make sure we changed the laws in America so more Americans would have the protection of health insurance". More than 70 million Americans total are covered by Medicaid and will be affected by these cuts.
The coverage losses under the AHCA would be concentrated in the Medicaid program, but the level of private coverage would also drop compared to the Affordable Care Act.
Fourth, states would be allowed to apply for waivers eliminating essential health benefits, thereby weakening protections for people with pre-existing conditions and enabling insurers to charge significantly more if they have one. A 64-year-old making $26,500 would pay $1,700 in premiums annually under Obamacare. Some states, as noted above, would seek waivers that could destabilize their markets.
Insurers would not be allowed to charge higher premiums to sick people unless a state had an alternative mechanism, like a high-risk pool or a reinsurance program, to help provide coverage for people with serious illnesses.
The bill also would roll back the ACA's expansion of Medicaid. "I can not support a plan that results in 14 million people losing health care coverage next year, cuts $834 billion from Medicaid, significantly reduces the critical subsidies that tens of thousands of West Virginians rely on and ultimately reduces health care access for thousands more".
The new analysis by the CBO, a non-partisan entity that reports to Congress, makes it even more hard for Republicans in the Senate, where they hold a slim majority, to approve the measure that was passed in the House, with its much more conservative stamp, on May 4.
Additionally the bill would have huge effects on premiums for older Americans and those with health conditions. Bill Cassidy of Louisiana, said they don't want to see that happen. And they want to change the AHCA's refundable tax credits to offer more support to older and poorer Americans (the CBO found that the AHCA would lead to an nearly 10-fold increase in premiums for lower-income people between the ages of 50-64).
Older people, such as retirees who aren't old enough for Medicare, would generally pay far more and get substantially less aid to cover their monthly premiums.
But the report said the lower prices would arise largely because many consumers would be buying skimpier coverage and others wouldn't be able to afford it and would leave the market, particularly the very ill, lower earners, and people in their 50s and early 60s.
Many could find that these tax credits don't cover the cost of increased premiums and, as a result, might discontinue coverage or turn to less expensive policies that offer skimpier coverage. At an income of $68,200, the same person's out-of-pocket cost for premiums could go down slightly from $15,300 to as low as $13,600, if state had a waiver, or increase slightly to $16,100 without a waiver.
"The Senate will be writing its own bill, not voting on the House version".
"Many solo entrepreneurs would likely be forced out of the insurance market entirely".
Neal did not respond to a follow-up email asking if Jenkins' statement meant he would support a preliminary bill that does not protect the most vulnerable West Virginians or of it was an acknowledgment that the House-passed bill does not protect those people.
The American Health Care Act would eliminate Obamacare's taxes, which would mean almost $1 trillion in tax cuts, mainly for the wealthy, according to The Associated Press.
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