CBO: Senate Republicans' health plan would slash insurance for 22M more Americans by 2026 — 5 takeaways

Practice Management

The Congressional Budget Office reported the Senate Republicans' bill to replace the ACA would leave an additional 22 million Americans uninsured by the end of 2026, The Washington Post reports.

Here are five takeaways:

 

1. The legislation, dubbed the Better Care Reconciliation Act, would also cut federal spending by $321 billion through 2026.

 

2. The CBO report revealed middle-aged and older Americans would likely see the greatest increase in insurance premiums under the BCRA.

 

3. Although the Republicans introduced their bill with confidence, the waters were tested after the CBO report. The Washington Post reported four GOP senators said they wouldn't vote for the bill by the night of June 26.

 

4. Senators began debating the bill on June 27. The bill may see additional changes before it heads to the floor for a vote.

 

5. The White House responded to the report by releasing a statement about the CBO's credibility: "The CBO has consistently proven it cannot accurately predict how healthcare legislation will impact insurance coverage."

 

Read more about the bill here.

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Podcast

Featured Whitepapers