Thursday, May 25, 2017
Trumpcare Will Cost 23 Million People Their Health Insurance
We now see why the House Republicans quickly passed Trumpcare (their health care plan to replace Obamacare) before it could be scored by the Congressional Budget Office (CBO). The CBO released their evaluation of Trumpcare yesterday -- and it was about as bad as we expected.
The plan would save the government about $119 billion through the year 2026. But it does so at the expense of millions of Americans. Under Obamacare, the number of uninsured Americans would be 28 million in 2026. Trumpcare raises that number to 51 million (adding an additional 23 million uninsured people). That's a huge step backward,
Republicans brag that the CBO says premium prices will come down. It is true they will drop slightly -- if you are young, healthy, and willing to buy an insurance plan without all the coverage and benefits required of policies under Obamacare. If you are older, have a pre-existing condition, or want to keep your policy with current coverage and benefits, the premiums will go up.
Trumpcare is just a very bad health plan. It does give tax cuts to the richest Americans, but it takes health insurance away from millions of people to accomplish that. It shows once again that the Republicans simply don't care about the health and welfare of any Americans but the rich.