by John Steinberger | March 13, 2017 10:19 pm
The American Health Care Act (AHCA) favored by Speaker Paul Ryan was scored by the Congressional Budget Office (CBO). While the CBO report projected that it would lower federal budget deficits by $337 Billion over 10 years, it also projected that it would leave 14 Million more Americans without health insurance coverage in 2018.
Most of the newly uninsured would either opt not to pay for coverage or would be dropped from the Medicaid rolls. The CBO also projected that health insurance premiums for people not covered by their employers would rise 15% to 20% for 2018 and 2019.
Sen. Rand Paul (R-KY) and members of the conservative House Freedom Caucus support offering a repeal of the existing Affordable Care Act (ACA) similar to the one which passed in the House and Senate in 2015, only to be vetoed by President Obama. Following the repeal, the conservatives plan to move forward with a free-market replacement bill.
Paul and Rep. Mark Sanford (R-SC) have both offered free-market ACA replacement bills (S-222 and HR-1072). The Heritage Foundation, a conservative think tank, supports most of the elements in the Paul and Sanford plans, but cautions that Congress must act quickly. Insurance policies are issued on a calendar year basis. Insurers must have the information to prepare their 2018 policies by May 2017. Read the Heritage outline at http://www.heritage.org/health-care-reform/
President Donald Trump has given initial support to the Ryan plan. Sanford notes that Trump thrives on the process of negotiation. He said, “The debate that is forming will allow conservatives to enhance and improve what has been proposed (by Ryan and the House leadership). I think this could represent a win for patients, healthcare providers, and the taxpayer alike.”
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