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Monday, May 8, 2017

Good luck America

These are all the people the Republican health care bill will hurt

The actual policies contained in the American Health Care Act — the Obamacare repeal-and-replace bill that the House is voting on Thursday — would help some Americans a lot. The biggest winners are households making $250,000 a year or more, who would see two different taxes targeting them repealed; households with millions in investment income would come out particularly far ahead.
But vastly more Americans would come out behind. The Congressional Budget Office estimated in March that 24 million people would lose health insurance if the AHCA were to pass, and the changes made to the bill in the ensuing two months have only made it less generous and more likely to jeopardize coverage. And because the bill substantially weakens regulations for both individual and employer plans, millions of people who still get insurance will see the extent of their coverage shrink, and see themselves forced to pay out of pocket for expensive procedures that would otherwise be covered.
The list of people losing out from the bill doesn’t end there, though. Here are a few of the main groups that will be negatively affected if this legislation becomes law.

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