Senate Trumpcare bill would leave 22 million uninsured, CBO says

[private]The Senate version of the Trumpcare bill would leave an estimated 22 million Americans without healthcare insurance coverage by 2026, according to the Congressional Budget Office (CBO) analysis of the bill.

That’s a very small improvement over the version passed by the House, which the CBO said would result in 23 million becoming uninsured.

Georgia’s share of the 22 million uninsured was estimated to be 680,000.

The new CBO score was released Monday evening, just days ahead of an expected vote in the Senate on the healthcare bill, formally titled the Better Care Reconciliation Act.

The CBO said that two-thirds of the people losing coverage over the next decade would be low-income people who now are covered under Medicaid. For those who obtain insurance through the ACA’s state exchanges, the biggest increase in premiums would fall on middle-aged Americans who aren’t quite old enough to qualify for Medicare.

“There is simply no question that if this bill becomes law, it will do more harm to more Americans than any other legislation in decades,” said Bob Greenstein of the Center on Budget and Policy Priorities.

The CBO said the Senate bill would cut Medicaid by $772 billion cut, but would also reduce the federal deficit by $321 billion.

“The squeeze on state Medicaid programs would become so great that states would have little alternative than to make massive cuts in the program,” Greenstein said.

Democratic senators unanimously oppose the healthcare bill, while most Republicans – including Georgia Sens. Johnny Isakson and David Perdue – are expected to vote for it.

Perdue released a statement trashing the CBO estimate: “It’s clear the CBO cannot predict the purchasing patterns for millions of Americans. Just like the House CBO score earlier this year, this bureaucratic analysis will do nothing to prevent Obamacare from failing.”

© 2017 by The Georgia Report

[/private]

Tags: CBO , Senate bill , Trumpcare