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Dick Durbin statement on CBO's analysis of GOP health care law

25 May, 2017, 01:53 | Author: Eddie Kim
  • House Speaker Paul Ryan of Wis. center arrives for a GOP caucus meeting on Capitol Hill in Washington Tuesday

Will reduce the federal deficit by $119 billion by 2026, which is $32 billion less than projected savings in previous versions of the bill.

He sidestepped questions about how the report would impact the Senate Republicans' work to craft their own Obamacare repeal and replace bill, but said he had spoken to several senators about several provisions of the legislation.

GOP senators say they have no firm timetable for moving on a bill.

The 23 million people losing insurance thanks to the AHCA is not a substantial difference from an earlier version of the GOP health care plan, which Republicans say makes good on their promise to repeal and replace the Affordable Care Act - better known as Obamacare.

The original CBO estimate for the American Health Care Act predicted 24 million would be uninsured by 2026.

The version of the bill passed by the House allows states to apply for waivers from regulations imposed by Obamacare if they can prove that doing so will reduce average premiums, increase enrollment, stabilize the health insurance coverage market or increase the choice of health plans in the state.

The House narrowly passed the legislation May 4 after adding language negotiated between Rep. Mark Meadows, R-N.C., the chair of the hardline conservative Freedom Caucus and Tom MacArthur, R-N.J., who until this week chaired the more moderate Tuesday Group. Republicans passed the bill before the Congressional Budget Office scored it. By choosing the former, people who are healthier than average would be able to purchase nongroup insurance with relatively low premiums.

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In fact, the CBO helps unmask the bogus claim that the Republicans protected people with preexisting conditions.

Ryan, the House speaker, pointed out that the CBO estimate "confirms" that Americans would pay lower premiums, if his bill is implemented.

The legislation, the American Health Care Act, would phased out Medicaid expansion starting in 2020 while imposing longer-term cuts to the traditional program. "They've said that many more people would be insured than are actually insured". The CBO also found that an amendment in the House bill would over time block some unhealthy people from buying insurance. The Trump administration already has relied on the House bill's healthcare spending cuts in its proposed federal budget.

In the weeks leading up to the House vote on May 4, two controversial amendments were added to the bill that ultimately helped secure its passage, including one that was added the day before the vote.

Democrats pounced on the new report moments after it was released.

Or put another way, if the House GOP plan became law, the ranks of the American uninsured would jump next year by 14 million Americans. The chamber's No. 2 Republican also expects to reincorporate much of the House measure in the Senate's bill.

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