Senate health bill leads to 22 million fewer insured Americans by 2026 [Video]

WASHINGTON — The Senate health care bill would cause 22 million more people to be uninsured by 2026 than under current law, the nonpartisan Congressional Budget Office announced Monday. The dismal CBO score could foil Senate Majority Leader Mitch McConnell’s plan to rush the sweeping legislation to the floor before July 4.

The CBO previously ignited a firestorm when it predicted that the House’s version of health care reform would result in 23 million fewer Americans having health insurance in 2026, compared to current law. Despite weeks of work, the Senate only managed to shave that number by one million, which could spell trouble for moderates who’ve expressed concerns about coverage loss.

The CBO predicts 15 million more people would be uninsured by 2018 alone — mostly due to the bill dropping Obamacare’s individual mandate. Later coverage losses would be due to Medicaid cuts, fewer employers offering coverage and other factors.

Senate Majority Leader Mitch McConnell on Capitol Hill, June 26, 2017. (Photo: Carolyn Kaster/AP)

The Senate bill does, however, reduce the deficit by $321 billion over 10 years — significantly more than the House version, which saved $119 billion. The reduction comes from steep cuts to Medicaid and in subsidies. The Senate bill also would lower premiums on the exchanges by 20 percent over 10 years, compared to current law, but the health care plans available would cover less, most likely leading to higher out-of-pocket costs overall.

Two GOP moderates, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, have said the CBO’s estimate of uninsured will be important in how they decide whether to support the bill. A pro-Obamacare group already ran attack ads targeting both senators and other moderates using the CBO’s score of the House bill. Last week, Collins called the CBO analysis “all important,” and said she cannot support a bill that causes tens of millions of Americans to lose coverage.

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