CBO: 23 Million More Uninsured Americans Under GOP Bill

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The non-partisan Congressional Budget Office (CBO) completes its estimate of the net cost of Republicans' Obamacare replacement, the American Health Care Act (AHCA).

The highly anticipated CBO score is poised to trigger another round of negative headlines and more hurdles for Republicans as they look to advance a controversial piece of legislation that was passed in the House earlier this month.

If the report projects that the AHCA will strip health care from millions without providing the federal savings it promised, the bill may have to go through another set of revisions, which could necessitate yet another House vote. Here are four takeaways from the CBO's eagerly awaited forecast. But they'll likely be challenged in court, she said, because neither request meets a basic requirement of waiver experiments and demonstrations: to further the objectives of the Medicaid program, such as improving coverage, health outcomes and access to providers.

Democrats in Michigan's Legislature are speaking out against Republican-backed health care legislation approved by the U.S. House.

He added, "Whatever CBO says about the House bill today, this much is absolutely clear: the status quo under Obamacare is completely unacceptable and totally unsustainable". "All of this to give a GOP tax cut to the wealthiest".

The health-care bill scoring has been important for markets since if the legislation fails to get a good score and requires a House vote on a new bill, traders will take that as another delay on the road to tax reform.

Let's get to the CBO's first report on the American Health Care Act, which was wildly misrepresented by many opponents of the American Health Care Act.

As the Senate works to draft compromise legislation, the new CBO estimates still present a formidable obstacle for moderate Republicans who already fear the legislation extracts too heavy a toll on poor, sick and older people with individual insurance coverage.

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But the CBO score is sure to fuel a fresh round of attacks from Democrats and health advocacy groups, both of which have sharply criticized the Republican efforts.

Senate Majority Leader Mitch McConnell says that whatever the report shows, it's unacceptable to retain former President Barack Obama's health care law. Citing markets where insurers have left or sought huge premium increases, Republicans have repeatedly said the statute must be dismantled because it is in a death spiral.

The nonpartisan office also says that compared with Obama's 2010 overhaul, average premiums for people buying individual policies would be lower. That number would grow to 14 million people by 2026, fueling a 17 percent reduction in Medicaid enrollment.

But the final version of the GOP's American Health Care Act, the CBO said, would undermine that stability.

He said its claims are largely accurate based on the bill the House Republicans passed May 4 to replace the Affordable Care Act - also known as Obamacare.

For GOP senators holding private meetings to sketch out their own legislation, the report's figures could serve as a starting point as they consider changing the House's Medicaid cuts, tax credits and other policies.

While the topline numbers were little changed from a previous version of the bill that was withdrawn from consideration, which the CBO found in March would insure 24 million fewer people and save $150 billion, the report found that the latest changes to Obamacare regulations would make insurance unattainable for many sick people and raise costs for others.

These waivers formed the core of a deal with the House Freedom Caucus that secured enough conservative votes to pass the bill.

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