Arabic AR Chinese (Simplified) ZH-CN English EN French FR German DE Japanese JA Portuguese PT Russian RU Spanish ES Ukrainian UK

CBO Report: Senate Healthcare Bill Drops Number of Insured by 22 Million

Latest news

    The Senate healthcare bill, otherwise known as the Better Care Reconciliation Act (BCRA), drops the number of insured by 22 million over the next ten years, according to a Congressional Budget Office (CBO) analysis.

    The CBO’s report also estimates that the bill will reduce the deficit by $321 billion by 2026, largely through reductions to Medicaid spending and reduced subsidies for Americans to purchase health insurance. The BCRA stands as a small improvement over the House’s American Health Care Act (AHCA), which cuts the number of insured by 23 million over the next decade, while reducing the deficit by $119 billion.

    The CBO reports that the Senate bill will save $202 billion more than the House’s AHCA. Most savings from the Senate’s BCRA arise from ending Obamacare’s Medicaid expansion, and instituting per capita caps on Medicaid payments, and reducing Obamacare subsidies to the individual market.

    The Congressional Budget Office estimates that under the BCRA, 15 million more Americans would lose insurance in 2018 compared to current law under Obamacare.

    The Senate appears to have President Donald Trump’s blessing, as he told senators previously that the House’s AHCA was “mean,” urging them to create a “more generous” bill. Senate leadership attempted to write a more generous version of health care reform compared to the House-passed AHCA.

    Majority Leader Mitch McConnell (R-KY) can now move forward to make changes to the BCRA, or move to hold a vote this week. McConnell previously said he would not hold a vote on the Senate bill until it had a CBO score.

    View the original article:

    Read the CBO report here.


    In the same category are

    Hawkins: Maryland School Shooting Shows that Trump and NRA’s Solution Saves Lives Scott Olson/Getty Images by AWR Hawkins20 Mar 20180 20 Mar, 201821 Mar, 2018 President Trump and the NRA have both voiced support for being sure goo...
    MD High School Shooter Used Handgun He Was Prohibited from Purchasing When 17-year-old Austin Wyatt Rollins opened fire in Maryland’s Great Mills High School, he did so with a firearm he was prohibited from purchasing. I...
    Broward County’s School Leniency Program Part of Larger Obama-Era Plan to Force School ‘Equity’ The Broward County, Florida, school leniency program that was likely the inspiration for the Obama administration’s plan to shrink the “school to pris...
    Good Samaritans in Pennsylvania Flip Burning SUV Off Crash Victim, Saving His Life by Katherine Rodriguez20 Mar 20180 20 Mar, 201820 Mar, 2018 Several quick-thinking Good Samaritans in Pennsylvania saved a man’s life after he was ...
    WATCH: Violent IHOP Customers Throw Chairs, Glassware at Manager by Nate Church20 Mar 20180 20 Mar, 201820 Mar, 2018 IHOP manager Mohammed Al Hourani was allegedly assaulted by a group of unruly female patrons at...
    Jeanne Ives Concedes Stunningly Close Illinois Primary Race to Bruce Rauner Joel Pollak / Breitbart News by Joel B. Pollak20 Mar 20180 20 Mar, 201820 Mar, 2018 GLEN ELLYN, Illinois — State Rep. Jeanne Ives (R-Wheaton) conced...

    Leave a comment

    Your email address will not be published. Required fields are marked *