CBO Score on Senate Bill: 22 Million Americans Uninsured and Sharp Increases in Premiums for Older People
<p>This week the Congressional Budget Office (CBO) released its report on the impact of the Senate’s Better Care Reconciliation Act, which would repeal and replace the Affordable Care Act. If the bill were to become law, CBO projects that 22 million people would lose health insurance by 2026—and millions more would see increased out-of-pocket costs. The damage to everyday Americans’ access to care, and their wallets, would be similar to the impact of the American Health Care Act, which passed the House earlier this month. </p><p>In a new <em>To the Point</em> post, The Commonwealth Fund’s Sara Collins and David Blumenthal, M.D., break down the bill’s effects on coverage, especially for lower-income and older people who don't yet qualify for Medicare—and its sweeping changes to Medicaid.</p>
<p>The authors say the CBO’s score clearly shows the consequences of achieving savings through reduced spending on health insurance and tax cuts for the wealthy: coverage losses and high health care costs for millions of American families.</p>