CBO report is out on Trumpcare. Not surprisingly, it doesn't look good.
https://www.vox.com/policy-and-polit...ca-devastating
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CBO on Wednesday released a long-awaited analysis of the Republicans' American Health Care Act, which passed the House on May 4. It projects that:
23 million fewer Americans would have health coverage should the bill become law.
The bill would reduce the deficit by $119 billion.
It would hit the poor and elderly especially hard; a low-income 64-year-old Obamacare enrollee would see her premiums rise between 700 and 800 percent.
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For weeks now, Republicans have claimed that their new bill will protect sicker Americans. "It will be every bit as good on pre-existing conditions as Obamacare," President Trump told Bloomberg earlier this month. House Speaker Paul Ryan has a website up, right now, where he declares "VERIFIED: MacArthur and Upton Amendments Strengthen AHCA, Protect People with Pre-Existing Conditions."
CBO says this isn't true — and is unequivocal on the point. There is this one paragraph in particular that is especially devastating for the Republican plan:
People who are less healthy (including those with preexisting or newly acquired medical conditions) would ultimately be unable to purchase comprehensive nongroup health insurance at premiums comparable to those under current law, if they could purchase it at all — despite the additional funding that would be available under H.R. 1628 to help reduce premiums. As a result, the nongroup markets in those states would become unstable for people with higher-than-average expected health care costs.
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