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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFaux news: "Trumpcare mixed bag: Millions would drop coverage, costs would fall under bill"
ObamaCare repeal analysis: Millions would drop coverage, costs would fall under bill
Published March 13, 2017
FoxNews.com
Congressional budget scorekeepers released their highly anticipated analysis of Republicans ObamaCare repeal bill late Monday, estimating millions more people would be uninsured under the legislation though the federal deficit and premiums also would shrink in the long-term.
The Congressional Budget Office predicted 14 million more people would be uninsured in 2018, with that number growing to 24 million by 2026. The estimate swiftly fueled opponents warnings that the measure would toss millions of voters off insurance plans.
The CBO's estimate makes clear that TrumpCare will cause serious harm to millions of American families, Senate Minority Leader Chuck Schumer, D-N.Y., said in a statement. This should be a looming stop sign for the Republicans repeal effort.
GOP supporters of the repeal plan, however, for days have downplayed the significance of the CBO findings, noting that the same offices coverage projections for the original Affordable Care Act were off by millions.
Published March 13, 2017
FoxNews.com
Congressional budget scorekeepers released their highly anticipated analysis of Republicans ObamaCare repeal bill late Monday, estimating millions more people would be uninsured under the legislation though the federal deficit and premiums also would shrink in the long-term.
The Congressional Budget Office predicted 14 million more people would be uninsured in 2018, with that number growing to 24 million by 2026. The estimate swiftly fueled opponents warnings that the measure would toss millions of voters off insurance plans.
The CBO's estimate makes clear that TrumpCare will cause serious harm to millions of American families, Senate Minority Leader Chuck Schumer, D-N.Y., said in a statement. This should be a looming stop sign for the Republicans repeal effort.
GOP supporters of the repeal plan, however, for days have downplayed the significance of the CBO findings, noting that the same offices coverage projections for the original Affordable Care Act were off by millions.
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Faux news: "Trumpcare mixed bag: Millions would drop coverage, costs would fall under bill" (Original Post)
lindysalsagal
Mar 2017
OP
SeattleVet
(5,477 posts)1. Of *course* costs will fall...
if you are covering 24 million fewer people.
And the original CBO ACA estimates were way off because they originally factored in a LOT more people getting insurance because of the tax penalty, but remember - the penalty was delayed for quite a while, and many stayed off. (IIRC, they were also counting on more states using the Medicare expansion, which several repuke governors made sure the residents of their states did not get.) So yeah, the estimates for total people covered was high...mostly because of GOP sleight-of-hand making sure that enrollment stayed low.
VMA131Marine
(4,137 posts)2. They neglect to mention that the CBO's predictions for ACA
were a lot closer to reality than anyone else's. They mainly missed on the numbers of young people who would enroll.