“The number of people with health insurance would be slightly higher and average premiums for insurance purchased individually . would be lower, in part because the insurance, on average, would pay for a smaller proportion of health care costs,” the CBO said in a report this afternoon. There were 31 states plus the District of Columbia that expanded Medicaid under the ACA and the AHCA would roll back the clock on that coverage, CBO said." The largest savings would come from reductions in outlays for Medicaid and from the replacement of the Affordable Care Act's subsidies for nongroup health insurance with new tax credits for nongroup health insurance," the CBO said. Despite the fact that President Trump ran on the promise of better, more affordable health insurance, the legislation simply takes health care funding away from some of America’s must vulnerable families, to provide a tax cut for the wealthiest individuals and corporations.”

Source: Forbes May 24, 2017 20:56 UTC