The long-awaited nonpartisian Congressional Budget Office “score” of the House-passed version of Trumpcare states that 23 million Americans would lose health insurance coverage over the next ten years, as compared to current law. CBO also found that after increasing premiums initially, Trumpcare would “eventually” reduce average premiums for policies offering far fewer benefits.
For older, poorer and sicker people, however, the picture is much darker. CBO estimates premiums for some elderly low-income people could go up by 800 per cent.
A day after the White House released a $4 trillion budget full of draconian cuts aimed particularly at poor people is not the best time to discover that its health care bill will deny health insurance to 23 million Americans. As CBO notes, AHCA would reduce federal revenues by $992 billion — in no small part by cutting taxes on wealthy people.