THE GOP REPLACEMENT PLAN
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THE GOP REPLACEMENT PLAN IMPACT
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The nonpartisan CBO said today (see their .pdf 4 page report here) (January 17, 2017) that repealing major provisions of the Affordable Care Act, while leaving other parts in place, would cost 18 million people their insurance in the first year and could increase the number of uninsured Americans by 32 million in 10 years, while causing insurance premiums to double over that time.
A little more than a year ago, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimated the budgetary effects of H.R. 3762 (Restoring Americans’ Healthcare Freedom Reconciliation Act of 2015), which would repeal portions of the Affordable Care Act (ACA) — eliminating, in two steps, the law’s mandate penalties and subsidies but leaving the ACA’s insurance market reforms in place.
Estimates an increase of 32 million people without coverage by 2026 results due to three changes.
My conclusion for what it’s worth: GOP changes that Trump insists on immediately implementing surely takes us back to the pre-ACA (Obamacare) years and thus “Back to the Future” as it were. So, where are Marty McFly and Doc Brown – fire up the DeLorean, boys, we have a new trip planned in this version of the GOP's installment.
And, hang on tight – wow – talk about “Death Panels” they are coming for sure. Seems that Palin was right all along, um (but for the wrong party).