24 Million People Stand To Lose Insurance Under GOP Obamacare Replacement

[grantcart]

Source: Huffington Post

The Republican plan to repeal and replace the Affordable Care Act would increase the number of Americans without health coverage by 24 million and reduce the federal budget deficit by $337 billion by 2026, according to a Congressional Budget Office report published Monday.


The American Health Care Act, conceived by House Speaker Paul Ryan (R-Wis.) and endorsed by President Donald Trump, has already been approved on party-line votes in two House committees.


These negative findings give lie to Trumps repeated promises that the Republican alternative would provide universal coverage and lower prices for Americans. Shortly before taking office, for example, Trump told The Washington Post that were going to have insurance for everybody that would be much less expensive and much better.


Read more: http://www.huffingtonpost.com/entry/24-million-more-uninsured-under-gop-obamacare-replacement_us_58c6ebb2e4b0598c6698b098?dw8jqotcy8z4obt9&

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While similar to the CBO release, that report buries the lead.

CBO record on ACA was quite good:

https://talkingpointsmemo.com/dc/cbo-obamacare-american-health-care-act

Elmendorf, now the Dean of Harvard's Kennedy School of Government, agreed that on the big questions surrounding the ACA, the CBO has been vindicated.

"CBO was right that insurance coverage would rise sharply under the ACA, which a number of prominent people disagreed with at the time," he told TPM. "CBO was right that employers would not stop offering health insurance in large numbers. The CBO was right, roughly, about the level of insurance premiums today."

"Premiums came in below CBO's forecast, but they've since caught up," he clarified. "CBO estimated what insurers would need to charge in order to cover their costs. But in fact, for the first few years, insurers charged less and suffered losses. Now they are charging closer to what CBO expected."

[Hokie]

1. Now we know why they were trashing the CBO this weekend. NT

[still_one]

2. Interestingly the NY Times headlines the 24 million figure while the BBC uses the 14 million figure.

If they really wanted to help people they would offer Medicare for all, but of course that isn't the motivation of the republicans, to help people

[pnwmom]

3. I don't understand why repealing all those taxes would reduce the deficit,

or why the article says that's a negative thing.

As I understood it, Obamacare was reducing the deficit. So is the ACHA reducing it less or more than Obamacare?

[LeftInTX]

4. From what I understand, the deficit is reduced because Medicaid is slashed

[wishstar]

6. Medicaid would be cut almost 900 Billion dollars by 2026

Budgetary Effects of Health Insurance Coverage Provisions
The $935 billion in estimated deficit reduction over the 2017-2026 period that would stem from the insurance coverage provisions includes the following amounts (shown in
Table 3):
• A reduction of $880 billion in federal outlays for Medicaid;
• Savings of $673 billion, mostly stemming from the elimination of the ACA’s subsidies for nongroup health insurance—which include refundable tax credits for premium assistance and subsidies to reduce cost-sharing payments—in 2020;
• Savings of $70 billion mostly associated with shifts in the mix of taxable and nontaxable compensation resulting from net decreases in the number of people estimated to enroll in employment-based health insurance coverage; and
• Savings of $6 billion from the repeal of a tax credit for certain small employers that provide health insurance to their employees.
6

[grantcart]

7. about the same but it is more complicated than that:

From the article:

The law Republicans are trying to “replace” extended health coverage to 20 million previously uninsured people, reduced the national uninsured rate to the lowest ever recorded and is projected to reduce the federal budget deficit by as much as $137 billion to $353 billion by 2025, according to a 2015 Congressional Budget Office analysis.

The new legislation would make block grants to states but caps the amount so that over time the states would face huge bills in treating indigent cases.

Also the ACA has a huge positive impact on Medicare because it gets pre Medicare seniors to get preventative health care prior to Medicare so that there will be a significantly reduced burden on seniors first couple of years on Medicare.

[Achilleaze]

5. TrumpCare Sucks Bigly

something we all can depend on: republicans screwing over Americans.

[CountAllVotes]

16. Big, FAT & Beautiful !!!!!!!!

As he himself said.

[riversedge]

8. The Journal Times--a major newspaper in Ryan's WI district-or close to it-juxtaposes a pic

of Ryan with his power point saying how bad Obamacare is, with the CBO disastrous report!

Link to tweet

[grantcart]

17. sweet

[CountAllVotes]

9. Pure crap/typical puke

Dead on arrival this piece of crap is!

[Jarqui]

10. For every million uninsured, about 1,000 die

So Paul Ryan's plan is to quietly commit about eight 9/11s per year on the American people by 2026 or about 186,000 Americans dead due to a lack of healthcare by 2026 under Trumpcare.

Trump must think this is a smart plan because dead people can't vote. Or maybe he'll claim they're voting illegally from the grave.

[FreeStateDemocrat]

11. It will save $337 billion in blood money to fund tax cuts for the fucking rich!

[Sunlei]

12. Insurance Corporations & Republicans collude to screw lower class Americans for personal benefit.

That's my opinion

[Joe Nation]

13. If the Republicans are really interested in giving me more choices....

Give me the single-payer option! For all those nuts that don't trust government, they can keep their for-profit private industry insurance. I have no problem with them paying extra if it serves their ideology.

Republicans will obviously counter that the for-profits can't compete with government health insurance. BINGO!!! So then why am I forced into the option that can't compete with the one I really want? Is anyone bringing this up?

It reminds me of the buggie whip argument. "Those new fangled automobiles are going to drive the buggie whip makers out of business." Yeah! No one needs large health insurance companies except for their shareholders. Their administrative costs and CEO salaries are astronomical and unnecessary. They just add costs.

Let them get into the business of insuring guns. Gun insurance isn't against the Second Amendment. Whole new revenue stream.

[Yavin4]

14. Funny. Private universities and colleges compete effectively with public ones

You don't see Harvard crying about UMass.

[Joe Nation]

15. And most public universities these days get little State support.

[Mountain Mule]

18. If I did the math right

The Republicans place a value of roughly $154 per human being. If I handed over my $154.00 up front, could I keep my healthcare?

[grantcart]

19. I suspect that they never intended to actually pass this plan.

Just want to have scapegoats to blame for it and then sabotage the ACA.

[Mountain Mule]

20. They would love to get rid of 24 million low income folks, though

That and more is their ultimate objective. I was being sarcastic about the $154.00.

[grantcart]

21. actually I don't think they care either way

all they want is an easy reelection and up until now they only had to worry about the Republican primary.