Yesterday the independent, nonpartisan Congressional Budget Office (CBO) released its analysis of the Republican health care bill, the American Health Care Act (AHCA) and the results are staggering.
The CBO estimates that 24 million more people will be uninsured in 2026 if the Republicans in Washington force through their healthcare alternative.
Richard Fiesta, Executive Director of the Alliance for Retired Americans called the AHCA an assault on older Americans. “This bill will make Americans sicker and poorer. President Trump promised to replace the ACA with a plan that expanded health care coverage at a lower cost. This plan does neither but rather provides the wealthiest Americans and insurance corporations with enormous tax cuts.”
“This nonpartisan report from the Congressional Budget Office confirms our worst fears about the catastrophic impact of Trumpcare,” said Senator Jeanne Shaheen. “President Trump and Republican leadership do not have a mandate to throw 24 million Americans off of their healthcare. Trumpcare would result in higher healthcare costs and less coverage which will be devastating for Granite Staters. It would also roll back the progress we have made in combating the opioid epidemic. I’ll continue to stand up for Granite State families and fight against this partisan attempt to undermine healthcare coverage in this country. Republican leadership in Congress should withdraw this disastrous bill and work with Democrats to improve the Affordable Care Act.”
“Today’s report from the non-partisan Congressional Budget Office confirms that Trumpcare would lead to huge premium hikes for Granite Staters and people across America,” said Senator Maggie Hassan. “According to the CBO, if you buy your own health insurance, under Trumpcare your premiums will go up by an average of 15-20% over the next two years, and premium increases will be even worse if you are between the ages of 50-65. Meanwhile, health insurance CEOs will receive a new tax break as hard-working Granite Staters see their premiums spike and 24 million Americans lose their coverage. I will continue to fight back against this misguided Trumpcare legislation.”
“Today’s estimate by the independent Congressional Budget Office that 14 million Americans would lose their insurance next year under the Republican health plan should be the nail in the coffin for this draconian proposal, which would not only take away Americans’ insurance but also slash Medicaid, end Medicaid expansion, roll back requirements that insurance cover basic medical services, increase deductibles, and raise premiums for older Americans – all while slashing taxes for the wealthiest,” said Congresswoman Carol Shea-Porter (NH-01). “According to CBO, 24 million people would lose their coverage by 2026, meaning the Republican plan not only erases the gains we’ve made since the Affordable Care Act but would actually leave fewer people with coverage than before the law passed. Now that the Republican health bill’s devastating impact has been laid out in black and white, it’s time for President Trump and Congressional Republicans to join the American people and the health care industry in rejecting this harmful bill, and instead come to the table to find bipartisan solutions that make our health care system work better for everyone.”
“Today’s news only confirmed what we already knew – the Republican plan to repeal the Affordable Care Act would increase costs, limit access, and cover fewer Americans. This reckless plan jeopardizes the health and safety of Granite State families and Americans nationwide, as it rips away healthcare from millions while asking millions more to pay higher costs for less coverage,” said Congresswoman Annie Kuster (NH-02). “The Affordable Care Act is not perfect, and I’m willing to work with Republicans and Democrats to improve the law, but not at the expense of the healthcare of New Hampshire middle class families and seniors.”
Kuster continued, “The plan would cut Medicaid spending and phase out the expansion, which has helped thousands of people in New Hampshire access health insurance and has increased treatment and recovery services for those struggling with substance use disorders. Repealing health care subsidies would drive up costs for seniors and less healthy individuals, and provisions to defund Planned Parenthood do nothing to increase access to care. Appallingly, the plan is a giveaway to the wealthiest Americans, even including a tax break for insurance CEOs making more than half a million dollars. I continue to urge my Republican colleagues to abandon this dangerous plan and instead come to the table in good faith to help improve the system for all Americans.”
Raymond Buckley of the NH Democratic Party called on Governor Sununu to “provide his opinion” on the newly proposed legislation and how it will hurt efforts to combat the opioid crisis in NH.
“Trumpcare’s fatal flaw is what it does to older and low income Americans. This CBO projection means that some Americans will pay more than five times what they do for coverage today. That kind of premium hike on our most vulnerable is flat wrong. That’s not to mention the 24 million Americans are projected to lose coverage in the next ten years under Trumpcare. Any plan that hikes rates and kicks tens of millions off their coverage should be denounced in loud terms but Governor Sununu has yet to provide his opinion on how the specifics in this bill will impact Granite Staters.”
“Republican governors across the country have rejected this bill from day one, including neighboring governors Paul LePage and Charlie Baker. If Governor Sununu is serious about combatting the opioid crisis and ensuring care to those who need it, he’ll stand with the large number of Republicans and Democrats across the country loudly rejecting this bill rather than sticking his finger into the political winds or trying to please the President,” concluded Buckley.
“Adding insult to injury, this plan significantly weakens Medicare, reducing the solvency of the trust fund by 3 years — breaking President Trump’s promise to protect Medicare. In contrast, the ACA extended the Trust Fund’s solvency by 11 years. Older Americans know how important affordable health care is for their families and will continue to fight against this proposal. The members of the Alliance call on Congress to scrap this bill immediately,” added Fiesta.