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Congress’ analyst: 14M lose coverage in 2018 under GOP health bill

Money and stethoscope to illustrate the cost of health care

Nonpartisan analysts project that 14 million people would lose coverage next year under the House bill dismantling former President Barack Obama’s health care law. The estimate is a blow to Republicans.

Monday’s estimate by the Congressional Budget Office says there would be 24 million more people uninsured by 2026 than under current law.

The projections give fuel to opponents who warn the measure would toss millions of voters off insurance plans. Criticism has come from Democrats, Republicans from states that benefit from Obama’s law and many corners of the health-care industry.

President Donald Trump backs the GOP plan.

Republican leaders have said their aim is to lower costs. They say coverage statistics are misleading because many people covered under Obama’s law have high out-of-pocket costs that make health care unaffordable.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

2 comments

  1. i just switched to Humana, only to find out that they operate on a three tier prescription basis. The one perscription that is critical to my life they will not cover. It costs $405 dollars. How would a family on TANF be able to afford necessary medications if the insurance companies and pharmaceuticals who expect to benefit from the new proposed health plan are now gouging and raising their costs. I believe in a free market, but you have some “greed” at play at the expense of Americans. What cost controls are keeping greedy insurance companies in check? Legislators do you have suggestions to curb pharmaceutical costs?

  2. I read that the funding deficit created by the Republicans will prevent 24 million people from having access to healthcare coverage. That’s about 8% of the American people, mostly the poor (as usual), mostly located in red states. The ACA’s repeal will additionally force insurance companies to increase the rates for all of us.

    Meanwhile, California moves forward with its plans for universal health service, a policy decision based on the obvious fact that the more people who stay healthy and/or get medical attention in the early stages of illness, the lower the overall social cost including government’s stipend.

    Forget the “free market” dogma: if a commodity — in this case, healthcare — can be gotten more economically than before, it’s good for the economy and good for all of us. The insurance companies will have to fend for themselves by lowering their prices if they want to compete, as will “private” doctors, which is the typical practice in most industrialized societies.

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