24 Million People to Lose Health Insurance Under GOP’s American Health Care Act

24 Million People to Lose Health Insurance Under GOP’s American Health Care Act

Earlier this week, the non-partisan Congressional Budget Office released their analysis of the health care legislation proposed to replace the Affordable Care Act. Their analysis shows that this legislation, called the American Health Care Act, will actually result in the exact opposite of what the GOP promised during all their years of criticizing the ACA. “Under this Republican plan, we will see higher out-of-pocket costs, more people without insurance and much less comprehensive coverage for those who manage to keep their insurance,” said California State Senator, Ed Hernandez.

The report concludes that Medicaid would be cut by $880 billion over 10 years and 24 million Americans would lose insurance coverage by 2026 — 14 million of them under Medicaid. Nongroup market premiums for pre-Medicare policyholders are also estimated to increase dramatically because of changes that would allow insurers to charge older adults five times more than younger adults. For example, a single 64-year-old with an income of $26,500 would have to pay $14,600 a year in premiums under the bill, compared to $1,700 a year under the ACA — an increase of more than 750%, according to the CBO.

Please join us in contacting Congress today and urging your Congress people to oppose these cuts and any repeal of the Affordable Care Act. Urge them to say no to the American Health Care Act. Call 1-866-426-2631. Also, you can send a letter to your Congress people using the National Council on Aging’s letter template.

Thank you!

See the full CBO analysis of the American Health Care Act.

 

 

 

Our blogger Karen J. Fletcher is CHA's publications consultant. She provides technical expertise, writing and research on Medicare, health disparities and other health care issues. With a Masters in Public Health from UC Berkeley, she serves in health advocacy as a trainer and consultant. See her current articles.