EDITORIAL: AHCA CBO score makes GOP rush to repeal Obamacare laughable
San Diego Union-Tribune (CA)
May 24--House Republicans were so eager to pass a repeal of the Affordable Care Act -- the 2010 law known as Obamacare -- that they rushed through the American Health Care Act on May 4 without subjecting it to the normal scrutiny of the Congressional Budget Office. That itself was laughable given how much Republicans had properly criticized congressional Democrats for rushing through their health care overhaul without having a full grasp on its effects.
Now the CBO report is out, and it makes more laughable President Trump's and House Speaker Paul Ryan's depiction of the American Health Care Act as something which would, as Ryan said, "give every American access to quality, affordable health care." Instead, the CBO forecasts that if the bill is enacted, the number of Americans with health insurance would decline by 23 million by 2026, while saving the federal government $119 billion over the same time span. This is a cold-hearted budget cut masquerading as health reform.
The good news is the Senate seems unlikely to follow the House's lead. The bad news is Obamacare is in deep trouble in some states and a third of all counties -- and that congressional Republicans and the president show no interest in trying to fix the program's flaws, starting with the incentives it gives healthy people not to buy coverage. When it comes to health care in America, the prognosis is bleak.
Twitter: @sdutIdeas
Facebook: San Diego Union-Tribune Ideas & Opinion
___
(c)2017 The San Diego Union-Tribune
Visit The San Diego Union-Tribune at www.sandiegouniontribune.com
EDITORIAL: Did your loved one have life insurance? This bill aims to help you get what you’re owed
Immigration records detail DUI crash suspect’s many deportations
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
More Annuity NewsHealth/Employee Benefits News
Life Insurance News