Budget Office Reports GOP Health Bill Would Reduce Benefits Along With Deficit


July 10, 2017

Health insurance AHCA update: Health Bill Would Reduce Benefits Along With Deficit.

The nonpartisan Congressional Budget Office (CBO) has issued a report with two major findings of the revised Republican health-care bill now in Congress. The American Health Care Act is the GOP bill that would replace, the Affordable Care Act (ACA) or Obamacare as it is commonly referred to.


The budget office’s first finding is that the GOP bill would mean an estimated 23 million more Americans would not qualify for health insurance coverage by 2026 than the estimated 28 million under the ACA. It is important to note that both figures are projections of the number who would qualify for coverage, not those who already have it. Those now enrolled in the ACA number about 11.5 million.


Lower Deficit, Lower Level of Care


The CBO’s second finding is that the American Health Care Act would lessen the national deficit over those same 10 years by $119 billion, while also lowering the level of benefits for those who remain covered. The CBO’s purpose is to provide unbiased analysis of budgets and other proposed legislation.


Making Coverage a Choice



The American Health Care Act would allow states to waive or alter coverage for an array of services now covered by the ACA. Defined as “essential health benefits,” these areas include emergency care, hospitalization, mental health, pregnancy, prescription drugs and more. 


The bill ends requirements that all individuals acquire health insurance and businesses with 50 or more workers offer benefits. It also eliminates funding for expanded Medicaid benefits and allows insurers to raise premiums for older Americans.


Essential Health Benefits


In earlier research of the ACA, insurers reported that many families and even singles who purchased health insurance were not covered in several of 10 categories that made up the essential health benefits. Statistics reported by insurance companies included:


  • Maternity: A large number of policy holders, 62 percent, did not have maternity coverage.
  • Substance abuse: Some 34 percent did not have coverage for addiction services.
  • Mental health: These benefits were not included in 18 percent of those with insurance.
  • Prescriptions: About nine percent of the insured did not have prescription drug benefits.


AHCA Progress in Congress


Millions of Americans are following the progress of the American Health Care Act, including 1.5 million Californians covered by ACA. The bill has been handed off to the Senate for debate and revisions; meanwhile, the Senate is working on a proposal of its own. 


Whether you are single or the head of a family now covered under the ACA, the new bill will definitely impact you. Get more information about coming changes in our blog. Contact us for family and individual healthcare insurance to meet your needs.


Share This Post

Taking The Pain Out Of Health Insurance

We make it simple to find the right insurance plans for your needs

In just a few quick steps.

Comments


Posts You Might Also Like


An elderly woman is sitting on a couch using a tablet computer.
By Sackett Insurance Services April 11, 2025
Telehealth access is at risk. Urge Congress to protect Medicare and ensure care remains accessible for seniors and underserved communities.
A group of people are sitting around a table looking at a tablet.
By Sackett Insurance Services March 26, 2025
Health insurance brokers help people find affordable coverage. Learn how they simplify choices, lower costs, and improve access to healthcare.
Three wooden figures of a family standing next to each other on a wooden table.
By Sackett Insurance Services March 7, 2025
Discover the key health insurance trends for 2025, from AI advancements to expanded telehealth and mental health coverage. Stay ahead of the changes!
A group of people holding red umbrellas in the rain.
By Sackett Insurance Services February 19, 2025
Discover how insurance brokers simplify coverage, save time, and provide expert guidance to help you find the best policies for your needs.
A pink heart with a smiling face is surrounded by hearts and coins.
By Sackett Insurance Services February 12, 2025
Discover how to choose the right health insurance plan by assessing your needs, comparing costs, and understanding coverage for smarter, informed decisions.
A person is holding a tablet with the word benefit on it.
By Sackett Insurance Services January 27, 2025
Discover how Sackett Insurance’s employee benefits software simplifies compliance, enhances efficiency, and boosts California businesses with tailored programs.