HAP Statement on CBO Score of “Better Care Reconciliation Act of 2017”
June 26, 2017
The Congressional Budget Office (CBO) today released its analysis of the U.S. Senate’s “Better Care Reconciliation Act of 2017.”
According to the analysis:
- Relative to current law, an estimated total of 22 million Americans would lose their health care coverage by 2026. Of that 22 million, approximately 15 million would be uninsured by 2018, and approximately 19 million would be uninsured by 2020.
- The plan would reduce services covered by insurance, and increase deductibles and other out-of-pocket expenses. Premiums for these plans will likely cost a “relatively high percentage of income for low-income people.”
- The bill would cut the federal deficit by $321 billion by 2026. This is largely due to “reductions in outlays for Medicaid” and smaller subsidies for nongroup insurance plans.
Andy Carter, president and CEO of The Hospital and Healthsystem Association of Pennsylvania released the following statement:
“The Congressional Budget Office’s analysis of the U.S. Senate’s ‘Better Care Reconciliation Act of 2017’ paints a stark picture of the future of health care under this legislation. Its affirmation of deep cuts to access, spikes in premiums, and inadequate coverage options stand to hurt Pennsylvanians across the commonwealth.
“Simply put: this bill does little to improve the health of Pennsylvania’s consumers.
“The hospital community remains deeply concerned about the future of access to affordable, reliable health care. Pennsylvania’s families depend on this coverage for preventive care, treatment for chronic conditions, maternity care, and a host of other needs that could be negatively impacted by or lost as a result of the U.S. Senate plan.
“We are carefully monitoring the U.S. Senate’s action on this legislation and will continue to advocate for the more than 1.1 million Pennsylvanians who gained access to affordable coverage under the Affordable Care Act. We implore senators to carefully consider the CBO’s analysis during the debate and amendment process.”