New estimates show 23 million could lose health insurance under AHCA
Children, elders and people with disabilities would be among the first to lose coverage under a health insurance proposal passed by the U.S. House of Representatives earlier this month, according to an updated analysis this week from the nonpartisan Congressional Budget Office (CBO) that predicted the costs and impacts of the bill. The U.S. House passed the bill before receiving an updated analysis from the CBO on the impact of the bill on federal spending and the uninsured rate.
The updated analysis out from the CBO this week estimates that as many as 23 million people will lose coverage under the proposal passed by the U.S. House over the next decade and many more—especially seniors—would see their premiums increase. The bill is estimated to reduce federal spending on Medicaid by over $800 billion. It is estimated to reduce the federal deficit by $119 billion. The reduction in federal Medicaid spending is due to changes in the bill to the structure of Medicaid, including a cap on the entire Medicaid program and phasing out the Medicaid expansion under the Affordable Care Act.
If Congress moves forward with the current proposal, which would shift costs and risk to states, Colorado lawmakers would be left with troubling choices about eliminating access to health coverage and benefits for children and families and the state budget. We call on the U.S. Senate to stand up for children and their families. By protecting the significant gains that have been made in health insurance coverage for children and families, the U.S. Senate has an opportunity to continue to improve the health care system and maintain the health coverage and comprehensive benefits that are critical for children’s healthy development.