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News Monday, Mar 13 2017

There Would Be 24 Million TrumpCare Victims

Mar 13, 2017

“There will be millions of victims if Republicans are able to force TrumpCare on the country, starting with the 24 million Americans who would lose health insurance according to the Congressional Budget Office as well as multiple other nonpartisan experts.  Simultaneously, Trumpcare would make medical care harder to afford and give approximately $144 billion in tax breaks to individuals who earn over $1 million a year. These consequences all fly in the face of the promises that Donald Trump made to working and middle class people on the campaign trail, and they prove the central truth of his administration: no matter what empty promises he makes, Donald Trump is not standing up for everyday people – he is selling them out,” said American Bridge Vice President Shripal Shah. 


Congressional Budget Office, 3/13/2017: “

CBO and JCT estimate that, in 2018, 14 million more people would be uninsured under the legislation than under current law. Most of that increase would stem from repealing the penalties associated with the individual mandate. Some of those people would choose not to have insurance because they chose to be covered by insurance under current law only to avoid paying the penalties, and some people would forgo insurance in response to higher premiums. Later, following additional changes to subsidies for insurance purchased in the nongroup market and to the Medicaid program, the increase in the number of uninsured people relative to the number under current law would rise to 21 million in 2020 and then to 24 million in 2026.

S&P Global 


CNBC, 3/7/2017: “Between 6 million and 10 million people would lose health insurance coverage if a Republican proposal to replace the Affordable Care Act becomes law, a new report estimates. The top end of those losses, or 10 million people, is equal to half of the 20 million or so people who have gained coverage in the past seven years under Obamacare. The sobering estimate came from S&P Global Ratings on Tuesday, less than a full day after House GOP leaders released their plan for gutting key elements of the ACA, and replacing it with new rules.” 
Brookings Institution
Brookings, 3/9/2017: “The precise coverage impacts of the legislation’s changes to the structure of individual market subsidies are uncertain, but our view is that the CBO will most likely conclude that these provisions result in a reduction in individual market coverage that adds to the coverage losses caused by repeal of the individual mandate. Altogether, then, it’s plausible that the AHCA will increase the number of uninsured persons by more than 15 million, and unlikely that we’ll see a number much less than 15 million from the CBO.”
American Medical Association

American Medical Association President Andrew W. Gurman, M.D., 3/8/2017: “As drafted, the AHCA would result in millions of Americans losing coverage and benefits. By replacing income-based premium subsidies with age-based tax credits, the AHCA will also make coverage more expensive – if not out of reach – for poor and sick Americans. For these reasons, the AMA cannot support the AHCA as it is currently written.”

American Nursing Association 
American Nursing Association, 3/8/2017

The American Health Care Act threatens health care affordability, access, and delivery for individuals across the nation. In its current form, the bill changes Medicaid to a per capita cap funding model, eliminates the Prevention and Public Health Fund, restricts millions of women from access to critical health services, and repeals income based subsidies that millions of people rely on. These changes in no way will improve care for the American people.

Other Experts 
New York Times, 3/7/2017Millions Risk Losing Health Insurance in Republican Plan, Analysts Say
Los Angeles Times, 3/7/2017: “Millions of Californians would likely lose coverage under GOP Obamacare replacement, experts say”


Kaiser Family Foundation, 3/10/2017: “For current marketplace enrollees, the American Health Care Act would provide substantially lower tax credits overall than the ACA on average. People who are lower income, older, or live in high premium areas would be particularly disadvantaged under the American Health Care Act. People with incomes over 400% of the poverty level – including those buying individual market insurance outside of the marketplaces – do not get any financial assistance under the ACA but many would receive tax credits under the replacement proposal.”
Avalere, 3/8/2017“New research from Avalere finds that proposed premium penalties under the newly proposed American Health Care Act (AHCA) could exceed the individual mandate penalties already in place under the Affordable Care Act (ACA)….Additionally, because the AHCA’s penalty is not tied to income, low-income individuals will pay significantly more under the AHCA’s penalty, compared to what they pay for not having insurance under the ACA.” 
Edwin Park, Center on Budget and Policy Priorities, 3/7/2017: “The new House Republican health plan would shift an estimated $370 billion in Medicaid costs to states over the next ten years, effectively ending the Affordable Care Act’s (ACA) Medicaid expansion for 11 million people while also harming tens of millions of additional seniors, people with disabilities, and children and parents who rely on Medicaid today.”
Vox, 3/7/2017: “Analysis: GOP plan to cost Obamacare enrollees $1,542 more a year”


Tax Policy Center, 3/10/2017“The House Republican proposal to repeal or delay the tax increases in the Affordable Care Act, including the revenue-raisers and the individual and employer mandate tax penalties, would overwhelmingly benefit high-income households, according to new estimates by the Tax Policy Center. Forty percent of the benefit of those tax cuts would go to the highest-income one percent—those making more than $772,000 in 2022.” 
Wall Street Journal, 3/7/2017: “Top Earners Would Pay Less Tax Under GOP Health-Care Proposal”
New York Times, 3/10/2017: “Wealthy Would Get Billions in Tax Cuts Under Obamacare Repeal Plan”
Bloomberg, 3/7/2017“Health Insurers Would Get Fatter Tax Break on CEO Pay Under GOP Health Plan”

Published: Mar 13, 2017

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