CBO: $194 billion deficit increase if key ACA subsidies end in 2017

August 16, 2017 0 COMMENTS

ACA snipby Jennifer Carson

The Affordable Care Act (ACA) requires insurers to offer plans with reduced deductibles, copayments, and other means of cost-sharing to certain people, depending on their income, who purchase plans through the ACA marketplaces. In turn, insurers receive federal payments arranged by the Secretary of Health and Human Services to cover the costs they incur because of that requirement.

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CBO says revised AHCA not much of an improvement over prior version

May 25, 2017 0 COMMENTS

The saga of the American Health Care Act (AHCA), the Republican plan to repeal and replace key portions of the Affordable Care Act (ACA), has been a long and winding one so far.

To recap: The original version of the AHCA was introduced in early March. After receiving lukewarm support and a discouraging report from the Congressional Budget Office (CBO), which concluded that it would leave an additional 24 million Americans uninsured by 2026 as compared with the current ACA, it was pulled from the House floor shortly before a scheduled vote on March 24.

Republican lawmakers regrouped, and on May 4, a modified version of the AHCA squeaked through the House by the slimmest of margins. The vote took place before the CBO had a chance to review the new version of the bill.

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