On Tuesday, the Congressional Budget Office (CBO) released its much anticipated score of the America Health Care Act (AHCA). The AHCA is the bill released last week by Republicans in the House of Representatives that attempts to repeal Obamacare. However, instead of repeal it looks a lot like Obamacare 2.0.
The CBO estimates that the AHCA would reduce the federal deficit by $337 billion due to repeal of many harmful Obamacare taxes and significant entitlement reform to Medicaid. Unfortunately, the rest of CBO’s analysis proves more evidence that this bill fails to deliver the needed reforms for our health care system.
“Full repeal of Obamacare’s regulations, which Congressional leaders promised, would help drive down costs”
However, the AHCA doesn’t go far enough to repeal Obamacare, but keeps much of the current laws regulatory framework in place such as the costly insurance regulations and mandates that are driving the costs of health care. CBO’s report indicates that insurance premiums would go down as a result of the AHCA’s ending of Obamacare’s actuarial value regulation, the only significant insurance mandate repealed. If the law were strengthened to repeal more, or all, of the regulations that put Washington bureaucrats in charge of health insurance, premiums would go down even more.
Without those improvements, it fails to lower costs, increase choice, or improve access to quality health care for those Americans who need of care the most.
Full repeal of Obamacare’s regulations, which Congressional leaders promised, would help drive down costs. In addition, there are other patient-centered, targeted health care solutions that Congress can consider. Click here to read more about them.
Voters sent a clear message that they want to see Obamacare repealed. Congress should keep its promise. Tell your representative that we need a full repeal of Obamacare.