CBO: 22 million more uninsured by 2026 under Senate health bill

CBO's projections would represent an abrupt turn from the trends under Obamacare; the U.S. uninsured rate had dropped below 11 percent in late 2016.

The House, however, went through a similar process and ultimately passed a version of Trumpcare after making some modifications to the initial draft.

In May, the Congressional Budget Office forecast the House's Trumpcare proposal would cause 23 million Americans to lose coverage by 2026.

CBO represents the official analysis of the Senate's bill, though some Republicans have sought to cast doubt on its accuracy.

Lee was among four conservatives who announced last week that they were against the current version of the legislation.

"I want to work with my GOP & Dem colleagues to fix the flaws in ACA", Sen.

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With the Democrats universally opposed to the bill, McConnell can only afford two defectors, and five Senators have already come out against it.

"So far the Senate leadership is not negotiating with our office", Paul said in an interview on CNN's "Newsroom".

Under the Senate's arcane reconciliation rules, which enables the majority party to pass legislation on a partisan basis without the threat of a filibuster, the budget legislation must reduce federal deficits and be devoid of "extraneous matter".

The tax cuts in the Senate bill are aimed primarily at high-income earners and investors. Under the Senate plan, a total of 49 million people would be uninsured within that time frame. Based on CBO projections, that amounts to an nearly $5,000 increase in annual premiums by 2026, all for plans that cover 12 percent less than they do under Obamacare.

It would repeal most of the taxes levied under the Obamacare, including those on high-income people and on health care companies. That could be a particular concern to Nevada Senator Dean Heller, who faces perhaps the toughest 2018 re-election race of any Senate Republican and who has said he can't support a health-care package that cuts Medicaid and takes coverage from "tens of millions of Americans and tens of thousands of Nevadans".

It would let states ease Obama's requirements that insurers cover certain specified services like substance abuse treatments.

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"Throwing 22 million Americans off of health insurance, raising premiums for older Americans, defunding Planned Parenthood and giving $231 billion in tax breaks to the top 2 percent is a cynical and immoral proposal", said Sen.

That's according to an analysis Monday from the nonpartisan Congressional Budget Office.

The scale of the Medicaid cuts and the increase in the number of people without insurance may give pause to moderate senators.

The largest savings would come from reductions in outlays for Medicaid, the CBO said, as well as savings from nongroup health insurance. Of the 22 million people losing health coverage, 15 million would be Medicaid recipients.

Under the spending caps, states would make up for the loss in federal funding by adding their own dollars, cutting spending or restricting eligibility - CBO projects that states would adopt a mix of those policies.

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