Breakdown of Trumpcare's CBO Score
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Leslie is joined by Maura Calsyn, Managing Director of Health Policy at American Progress. The two discuss the new CBO Score for the AHCA (Trumpcare) that passed the House earlier...
show moreThe two discuss the new CBO Score for the AHCA (Trumpcare) that passed the House earlier this month.
Here are some of the main takeaways from the Congressional Budget Office on what would happen if the AHCA became the law of the land:
• The bill would increase the projected number of people without health insurance by 14 million next year and by 23 million in 2026
• It would reduce the federal deficit by $119 billion over a decade, less than the $150 billion in savings projected in late March for an earlier version of the bill. The new forecast of the nonpartisan CBO, Capitol Hill's official scorekeeper, is another blow to Republican efforts to unto President Obama's signature domestic achievement
• The CBO estimates insurance premiums would rise 850% for elderly, poor people over the next decade if Republicans' second version of the bill becomes law. Under Obamacare, 64-year-olds making $26,500 a year would likely pay $1,700 in annual premiums in 2026. Under the GOP bill, they would pay anywhere between $13,600 to $16,100
• The CBO estimates that premiums will begin to drop by 2020 - as much as 20% lower by 2026 for states that opt out of key pieces of Obamacare. But insurance policies are cheaper because, on average, they would provide less benefits, the report said
• "Although the agencies expect that the legislation would increase the number of uninsured broadly, the increase would be disproportionately larger among older people with lower income - particularly people between 50 and 64 years old with income of less than 200 percent of the federal poverty level," the CBO report said
The website for the Center for American Progress is www.AmericanProgress.org and their Twitter handle is @amprog.
(Image Credit: AP Photo/J. Scott Applewhite)
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Author | Leslie Marshall |
Organization | Leslie Marshall |
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