Senate health care bill gives $250000 gift to the mega-rich

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The Congressional Budget Office said what's called the Better Care Reconciliation Act of 2017 would result in 49 million people uninsured, or 22 million more than what's now projected under the Affordable Care Act, the law commonly called Obamacare, by the year 2026.

According to the CBO report released on Monday afternoon, the Senate proposal would result in 22 million Americans losing their health insurance coverage by 2026. The state estimates Alaska would lose $2.8 billion in Medicaid spending over six years if the House bill went into effect.

In its report, the CBO said 22 million fewer people would have health care coverage by 2026 under the bill. By the budget office's measure, the Senate bill would leave 49 million individuals without insurance by 2026. Employer-based coverage is considered the backbone of the current system, and it's a frequent subject for Republican rhetoric that dictates if people want insurance, they should get a job. It's also encountered resistance from Republicans, mostly from the right, including Sen.

Lee and other conservatives have favored a fuller repeal of Obama's statute than the Senate bill would enact. The bill was released last Thursday and GOP leaders are pushing for a final vote this week.

Later in the day, Politico reported that Trump asked all Republican Senators to meet with him at the White House at 4:00pm local time to discuss the Senate healthcare bill that will repeal and replace the Affordable Care Act. The uninsured rate is projected to almost double over a decade, from 10 to 18 percent, according to the CBO.

Mr Trump has called the House bill "mean" and prodded senators to produce a package with more "heart". The CBO writes that under the Senate plan, premium and deductibles would become so expensive that "few low-income people would purchase any plan".

The CBO numbers are critical because GOP lawmakers are trying to pass healthcare reform under rules for budget reconciliation, which requires only a simple majority in the Senate and are not susceptible to filibusters in the Senate. Susan Collins of ME, a key swing vote, said Thursday that coverage losses of the size estimated by the CBO score were not acceptable.

However, the Senate bill would maintain much of Obamacare's subsidy structure to help people pay for individual coverage, but make it less generous, particularly for older enrollees.

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