Insurance providers fear that the AHCA would dramatically scale back access to care, especially for vulnerable populations.
The American Health Care Act would slash federal revenue by $662.6 billion from 2017 through 2026, according to Congress' nonpartisan Joint Committee on Taxation.
The American public will find out this week what the impact will be for the controversial American Health Care Act, which ends protections for people with pre-existing conditions and ends Medicaid expansion.
Everyone reported the top-line numbers from the analysis of the House Republicans' American Health Care Act, a bill to repeal and replace the Affordable Care Act. Here are 13 other findings that should be of high interest to healthcare industry groups.
The House Republicans' American Health Care Act would reduce the federal deficit by $337 billion over the coming decade and increase the number of people who are uninsured by 24 million by 2026 relative to current law, according to the Congressional Budget Office and the Joint Committee on Taxation.
In a blog post, analysts with the Congressional Budget Office said that Republican proposals to replace the ACA would likely lead insurers to offer bare-bones plans that would not qualify as coverage.
Policy experts say the projected double-digit hikes are unlikely to affect the majority of people who enroll in health plans through the federal exchange. At the same time, benchmark premiums in some states, including Arkansas, Indiana and Ohio, will increase only slightly or even decrease in 2017.
Federal spending for major healthcare programs are estimated to increase by $55 billion, or 6%, in 2016 after a technical adjustment for payment timing shifts, according to a report from the Congressional Budget Office.
Industry and regulatory fixes to the ACA marketplaces appear inevitable as impatience and insurer losses escalate.
Last week, two well-respected groups of government economists predicted the end is nigh for the era of restrained growth in healthcare spending. Ignore them. They've been wrong before. They will be proven wrong again.
The Obama administration will offer an update this week on the state of the nation's entitlement programs.
The Obama administration will offer an update Wednesday on the state of the nation's entitlement programs.