The CBO Score For The House GOP’s Bill To Repeal And Replace Obamacare Is In…
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May 24, 2017The CBO score for the House GOP’s bill to repeal and replace Obamacare just came in. According to the estimate, 23 million would lose health insurance over the next 10 years. The previous score indicated that 24 million would lose health insurance by 2026. But again. A lot of that has to do with choice.
The CBO also projects lower premiums.
The CBO also found that an amendment allowing states to waive certain regulations would mean premiums would be somewhat lower than in the previous version of the bill, and slightly more people would get coverage, because they are buying plans that cover fewer healthcare services.
It estimates that the bill would reduce the deficit by $119 billion over the next 10 years.
The CBO found that a controversial amendment from Rep. Tom MacArthur (R-N.J.) would have a significant effect. That provision allows states to waive rules governing what an insurance plan must cover, and allows states to let insurers charge people more based on their health.
The CBO found that in states that let insurers charge sick people more, some people with pre-existing conditions would lose coverage because they could not afford the premiums, despite extra funding provided in the bill meant to mitigate that.
The CBO projected that a substantial number of people would live in states that took advantage of the new waivers for ObamaCare regulations.
Sen. Bernie Sanders is legitimately horrified.
“Call it whatever you want, but please, do not call this bill a health care bill,” Sen. Bernie Sanders says following release of #CBOscore. pic.twitter.com/UZbD2PTsGW
— CBS News (@CBSNews) May 24, 2017
But House Speaker Paul Ryan remains optimistic.
This @USCBO report again confirms that the American Health Care Act will lower premiums and the deficit. https://t.co/kmjeUP2qqF pic.twitter.com/YJnXUyD3xO
— Paul Ryan (@SpeakerRyan) May 24, 2017
At the end of the day, the CBO score is nothing more than an educated estimate. They really don’t know. And as we speak, the Senate is crafting its own health care bill, so this score doesn’t really mean much.
