Health & Disability Advocates strongly objects to the provisions in the American Health Care Act (AHCA). Yesterday, the Congressional Budget Office (CBO) provided its analysis of AHCA and its impact on people, states, and the economy.
Here’s what we learned. AHCA will lead to:
- At least 23 million losing health coverage
- Higher premiums for those who can least afford it
- Devastating funding cuts for Medicaid
In addition, the CBO report details how the AHCA will strike down important gains for consumers, such as requiring essential health benefits and premium pricing protections. This will lead to millions with pre-existing conditions being priced out of the health care market entirely - including nearly 5.6 million people in Illinois. Worse yet, low-income people between the ages of 50 and 65 will have to pay much more in premiums - in many cases, up to 700% or more – hammering as many as 200,000 people in Illinois who are too young for Medicare but have too much income to qualify for Medicaid.
Health & Disability Advocates sees these cuts as short-sighted and cruel. Stripping millions of Americans of their health coverage, requiring states to bear the burden of the health insurance coverage and eliminating important health care protections for people with pre-existing conditions undermines the health of millions. It also undercuts a U.S. economy that relies on health care as a major job-producer. Moreover, residents in Illinois would be especially hard hit as the AHCA’s cuts in subsidies and Medicaid are expected to lead to a loss of nearly $50 billion in federal funding.
We cannot afford the “solutions” the AHCA proposes. HDA stands with the Protect our Care Coalition and thousands of other grass-roots organizations fighting against the AHCA.
Learn more about the Protect our Care Coalition.