Sen. Cassidy promises alternative to GOP healthcare plan
But Republicans dismissed the CBO report, saying it does not take into account improvements at the state level that will offset the cuts under their bill and noting that the CBO has been wrong before in its predictions about Obamacare.
Sen. Susan Collins of ME, who co-authored a competing reform bill with Cassidy, also is not part of the group but was pleased to hear Cornyn’s assessment. In contrast, under the House’s alternative, the CBO predicts that about one-sixth of the population would reside “in areas in which the nongroup market would start to become unstable beginning in 2020”.
They just don’t know yet what it will look like.
“I’m more optimistic leaving that meeting than I have been in a while”, said Sen. “But that’s the goal”, he said. The latest version of the bill passed by the House did not receive a review until Wednesday. The price tag for the first year spending is expected to be $23 billion. Later revisions reduced those savings to $150 billion.
Which ObamaCare taxes to repeal is another dividing point.
“So whether the CBO number is accurate …”
The budget office also said the legislation would increase premiums by an average 15 percent to 20 percent over the next two years, but push premiums 10 percent lower than they’d otherwise be by 2026. “But if you are a child of a low-income family, you could well lose the health insurance you now have through the children’s health insurance program and massive cuts to Medicaid“. The CBO has repeatedly overestimated the effect that the individual mandate would have on insurance-coverage rates. The office forecast that in 2016, 23 million people would be enrolled in health care exchanges, but ultimately only 12 million were. But there is always the hope that health care will fade as an issue in 2018 – especially if Republicans stop talking about it.
“Showing that so many will lose healthcare that those with pre-existing conditions or those who are older are going to pay more for less”, Baldwin added. The CBO report did find that over time premiums would come down under the House bill, even if more people become uninsured. The agency estimated that about one-sixth of the USA population – more than 50 million people – live in states that would make substantial changes under the waivers.
In states that obtained both of those waivers, it would mean lower premiums for people buying individual insurance.
Now, the GOP’s laser focus on lowering premiums could undermine comprehensive coverage, such as the current guarantees that people with medical problems can get health insurance, or that plans will cover costly conditions such as substance abuse. That includes mental health treatment, maternity coverage, prescription drugs and doctor’s visits.
Most of those individuals would be people who either could not afford or could not access insurance. The easy way for insurers to reduce premiums is by covering less.
“Health care is hard”.
The Republican-controlled House passed the American Health Care Act earlier this month. That expansion increased enrollment by 10 million, as NPR’s Alison Kodjak previously reported. Part is rolling back Medicaid expansion – that would save money.
The AHCA would also give states a choice: Receive Medicaid funding via either a block grant or a per capita amount per enrollee.
Under the new law, people with pre-existing conditions can not be barred from insurance coverage.
“The questions that need to be addressed are what do those premiums buy, and what other costs besides premiums do consumers pay?” said Riley. Some states, as noted above, would seek waivers that could destabilize their markets. That’s more than nine times that person’s premium under the Affordable Care Act. Previously, for example, people with a history of cancer could be charged a higher premium, or be turned down altogether.
“The CBO score of the House bill is one factor, but I think in any universe the Senate bill will be significantly different from the House bill”, Cruz said.
In addition to pared down coverage, many consumers would face higher deductibles under the bill, which was narrowly approved 217-213 on May 4.
“I’m happy if they’re making progress”, she said.