05/11/2009
the GOP health care bill
Last night, the Congressional Budget Office released its analysis of the House Republican alternative health care bill. While the CBO determined the GOP bill’s 10 year price tag to be $61 billion — far less that the Democrats’ proposal — the score also found that the their bill would have little effect on nearly 46 million uninsured Americans:
By 2019, CBO and JCT estimate, the number of nonelderly people without health insurance would be reduced by about 3 million relative to current law, leaving about 52 million nonelderly residents uninsured. The share of legal nonelderly residents with insurance coverage in 2019 would be about 83 percent, roughly in line with the current share. CBO and JCT estimate that enacting the amendment’s insurance coverage provisions would increase deficits by $8 billion over the 2010–2019 period.
The CBO found that the Democrats’ bill, however, would cover 36 million more Americans and “reduce the number of nonelderly Americans without coverage to around 18 million over the next decade.” (think progress)
Text posted at 07:57
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