Congressional Budget Office’s analysis of H.R.1628, Better Care Reconciliation Act of 2017
The Congressional Budget Office (CBO) released its evaluation of H.R. 1628 finding that 22 million people would be at risk of losing health coverage. The Medicaid per capita cap will have dramatic impact on the states and that over the next decade, a large gap would grow between Medicaid spending under current law and under this bill. And, that such a gap would only grow wider because of the compounding effect of the differences in spending growth rates.
Washington Post Report on H.R.1628
The report discusses the potential that not only will millions lose coverage, but the coverage available would be prohibitively expensive: the article discusses how the bill expands into the kind of insurance that people, especially poor people, would be able to access finding that it would be so financially burdensome with high deductibles that many people would choose not to sign up.
Senate Health Bill in Peril as C.B.O. Predicts 22 Million More Uninsured -NY Times Article
The New York Times report summarizes the bill in the following points: Subsidies to help people buy health insurance would be “substantially smaller than under current law”, Deductibles would, in many cases, be higher, starting in 2020, premiums and deductibles would be so onerous that “few low-income people would purchase any plan”, premiums for older people would be much higher under the Senate bill than under current law.
