CBO: Hundreds of Thousands of Coloradans Could Lose Health Coverage

Lauren Perry
May 27, 2017

The Congressional Budget Office announced yesterday Wednesday that 23 million people would lose insurance under the proposed health care bill and that premiums for seriously ill people would rise.

Senate Republicans have said they will write their own bill, which U.S. Sen.

"Last-minute changes to the AHCA made by the House offered no real improvements", said Andrew Gurman, president of the American Medical Association, in a statement. The analysis projected the bill would lower health insurance premiums on average.

There would be a slight adjustment for people in states that request waivers from two of Obamacare's biggest protections. It will also repeal ACA provisions that increased the payroll tax rate for many high-income taxpayers and imposed a surtax on their net investment income.

Both versions would cut taxes by $765 billion over 10 years primarily for wealthy people and insurance companies.

A 21-year-old making $26,500 pays a net premium of $1,700 under current law, rising to $1,750 in no-waiver states, but dropping to $1,250 in states requesting "moderate" changes. "There are people out there who get no subsidies who are in the individual market who are in the small employer market and they've been killed by these small premium hikes", Haismailer said. But they struggled to agree on a bill after gaining control of Congress and the White House this year. Over half of those becoming uninsured, 14 million people, would come from the bill's $834 billion in cuts to Medicaid, which provides health coverage to poor and disabled people, over 10 years.

The budget office projected that premiums in those states would be lower for healthy people than under current law because their coverage would be narrower, but did not estimate an amount.

Budget committee chairman Sen.

The strong opposition of the bills clearly calls for another voting.

"I am working with Senate colleagues to do so", Cassidy said. Ted Cruz (R-TX) - are either open to the state waivers in the American Health Care Act or fully support them, according to BuzzFeed and The Hill.

CBO said states adopting those waivers could destabilize coverage for people with medical problems.

In some states, policies would cover so little that those enrolled in them would be considered uninsured under the CBO's definition.

"Services or benefits likely to be excluded from [essential health benefits] in some states include maternity care, mental health and substance abuse benefits, rehabilitative and habilitative services, and pediatric dental benefits", the report said. "We got to get premiums down and we got to make sure that people with pre-existing conditions can get affordable coverage".

As a outcome, the CBO and the JCT expect that the waivers in those states would have another effect: Community-rated premiums would increase over time, and people who are less healthy (including those with pre-existing or newly acquired medical conditions) would ultimately be unable to purchase comprehensive nongroup health insurance at premiums comparable with those under the PPACA. She said it would lead to more than 28,000 North Dakotans not having coverage and make coverage unaffordable for more than 300,000 in North Dakota with pre-existing conditions.

Other reports by VgToday

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