"Prior versions of congressional legislation to repeal and replace the Affordable Care Act (ACA) would all cause more than 20 million people to lose coverage and make coverage worse or less affordable for millions more, according to Congressional Budget Office (CBO) estimates. The amended version of the Senate bill released July 13 maintains the same core structural features, and thus would have the same harmful impacts."
Highlights below - read entire article at
https://www.cbpp.org/research/health/senate-health-bill-cant-be-fixed
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In broad outline, the bill continues to do to the following:
- End the Affordable Care Act (ACA)’s expansion of Medicaid to low-income adults.
- Cap and cut federal Medicaid funding for seniors, people with disabilities, and families with children.
- Increase premiums and deductibles for millions of moderate-income people who buy health insurance through the ACA marketplaces.
- Undermine the ACA’s individual market reforms by weakening key consumer protections for people with pre-existing conditions and eliminating the ACA’s individual mandate, which helps ensure a balanced individual market risk pool.
- Provide hundreds of billions of dollars in tax cuts for high-income households, drug companies, and other corporations.
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