Tuesday, 23 January, 2018

GOP Senate Bill Would Cut Health Care Coverage by 22 Million

Melinda Barton | 27 June, 2017, 08:19

According to the CBO, the Senate bill does reduce the deficit by $321 billion over the next 10 years, which $202 billion more than the House version that passed last month.

The figure may further complicate Senate Republican leaders' plans to pass their bill this week. For the same reason that the Affordable Care Act has the individual insurance mandate: To minimize the likelihood of people only signing up for insurance when they are sick.

Senate Majority Leader Mitch McConnell said he wants to have a vote on overhauling ObamaCare this week before Congress heads out for its July 4th recess, but five Republican senators have said they can't support the bill as it is written and several more are on the fence.

The nonpartisan analyst tasked with understanding the impact of major legislation also said the bill would remove 15 million additional people from the insurance roles in 2018 alone. Heller faces a competitive re-election race next year. House Republicans weathered a similar beating and rallied to pass their version, so it is much too early to write a political epitaph.

Conversely, one of the nation's biggest health insurers said the Senate bill would "markedly improve" the individual insurance market's stability and moderate premium hikes.

Senate Minority Leader Chuck Schumer (D-NY) called the non-partisan CBO's analysis a "jaw-dropping report" on a bill he said would impose "higher costs for less care" and leave "tens of millions of Americans left without any insurance".

A spokesman for Paul said the senator and Trump had a "productive call" and that Paul "reiterated his issues with the current bill- how it isn't serious repeal, and what things he will need to be convinced it can lower costs for Americans". Here is a sampling of what these Republicans said, and what the CBO says on the same topic.

A fifth GOP senator, Dean Heller of Nevada, has also pulled support from the bill.

Reductions in Medicaid spending and smaller subsidies would lead to substantial declines in coverage among people under the age of 65.

Among them is Wisconsin Sen. The news is not expected to be good for supporters, including the president, who promised that no one would lose coverage under the plan.

President Donald Trump's Republican party is struggling to secure the 50 votes it needs to get its bill through the Senate when it comes to the floor.

Under the amendment, starting on January 1, 2019, anyone who has not been continuously insured for a full year and wants to buy an insurance plan on the individual market must first wait six months. Just minutes after the report became public, Democratic National Committee Chairman Tom Perez released a statement criticizing the bill. John Cornyn of Texas said there is "a sense of urgency" to push forward but acknowledged the outcome is "going to be close".

It would also phase out extra federal money that law is providing to 31 states to expand Medicaid to additional low-income earners. Like the House plan, the Senate's version would end enhanced funding for Medicaid expansion, though at a slower pace, while overhauling the entire Medicaid program. That leaves room for negotiations with Ted Cruz and other on-the-fence GOP senators to flip them to "yes" votes on the plan.

The bill does not go far enough in repealing Obamacare for the four conservative senators.