The Senate GOP’s last-ditch ObamaCare repeal bill would leave at least 21 million more Americans without health insurance by 2026, according to a new study released by Brookings Institution on Friday.
The legislation introduced by Sens. Lindsey Graham (R-S.C.) and Bill Cassidy (R-La.) would repeal the individual and employer mandates and eliminate ObamaCare’s tax credits and Medicaid expansion, converting the funding into block grants that states could use to create their own health-care systems, while also changing the traditional Medicaid program from an open-ended commitment to the states to a per person cap.
If Congress doesn’t reauthorize funding for block grants after 2026, then 32 million fewer Americans would likely have health insurance, the Brookings study says.
“This estimate likely understates the reductions in insurance coverage that would actually occur under the Graham-Cassidy legislation, particularly toward the beginning and end of the seven-year period, because it does not account for the challenges states will face in setting up new programs on the bill’s proposed timeline, the possibility that uncertainty about the program’s future will cause market turmoil toward the end of the seven-year period, or the bill’s Medicaid per capita cap and other non-expansion-related Medicaid provisions,” the authors wrote.
The Hill added:
The official score of the bill from Congress’s nonpartisan scorekeeper is expected next week, but it’s only expected to detail if the bill meets certain budgetary requirements.
The Congressional Budget Office said that estimates on potential coverage losses will not be ready for several weeks, meaning the Senate could vote on the bill without that information.
Senate Republicans plan to vote on their bill next week.