Republican Health Insurance Reform Bill Insures Almost Nobody (CBO Report)

[kpete]

Source: Talking Points Memo

Republican Health Insurance Reform Bill Insures Almost Nobody
Brian Beutler | November 5, 2009, 9:05AM

Earlier this week, a spokesman for House Minority Leader John Boehner made a prediction. The Republican health care plan, he said, "will cover millions more Americans" than the Democrats' plan. Bold. But here's what the experts say:

***By 2019, CBO and JCT estimate, the number of nonelderly people without health insurance would be reduced by about 3 million relative to current law, leaving about 52 million nonelderly residents uninsured. The share of legal nonelderly residents with insurance coverage in 2019 would be about 83 percent, roughly in line with the current share.

You can read the entire analysis here (PDF).
http://cbo.gov/ftpdocs/107xx/doc10705/hr3962amendmentBo...

...............................

What else does CBO find?

Though some consumers would find their premiums reduced modestly, "in the large group market, which represents nearly 80 percent of total private premiums, the amendment would lower average insurance premiums in 2016 by zero to 3 percent compared with amounts under current law, according to CBO's estimates. The figures are presented for 2016 as an illustrative example."

The GOP bill does require less new government spending, but that's what you get when you don't insure anybody. And though it does reduce the deficit, it does so by billions less than the Democrats' bill does.




Read more: http://tpmdc.talkingpointsmemo.com/2009/11/republican-h...

[pattmarty]

1. That's the problem. The Dems have "stolen" the Republican bill.

[MNDemNY]

4. That is not sarcastic.

"The Insurance Industry Profit Protection Act of 2009" sure seems to be a Republican bill.

[pattmarty]

5. Both the Dem bills so far, (either of these is by no means the "final.....

.....bill") are pretty close to the IIPPA of 2009. The "final" bill will probably be very much closer to it. On a lighter note, the Dem bills as in plural (2) are pretty shitty. I can hardly wait until the "final" conference version is available for all to see. My opinion is if you don't have something that will help "most" people, don't pass anything. The Republicans should be "proud" of the Dem bills, they both seem to be right up their alley.

[MNDemNY]

7. That is the truth.

It is too bad that so many "Democrats" are willing, and even eager to accept ANY "reform" bill just to claim victory and get a nice signing ceremony. Sad.

[pattmarty]

11. If this happens, they will pay dearly in 2010 and 12. Americans may.....

.....not be the best educated or the smartest people on the planet, but they have an uncanny feel for when they are getting fucked.

[sellitman]

2. Pretty f**king embarrassing if you ask me.

Nice job Repiggies!

[elmerdem]

3. anyone else seeing

an Americans for Prosperity add on the op? WTF? Did I miss something?

[wizstars]

10. Yeah, I see it--What's...

with that sh1t???

Ditto the ACORN/Robin Carnahan ad I've been seeing all over DU! WTF is this??? Put that SH1T on FreeperLand's site ferChristsake!!!

[John Q. Citizen]

6. CBO says Dem PO a joke and the Repo Bill is also a joke. I think the CBO has it right!

[apnu]

8. LOL Epic FAIL! (nt)

[Hubert Flottz]

9. I tried that old "Apple A Day Keeps The Doctor Away" shit

and ended up having two heart attacks, a stroke and the Hong Kong Dong!