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Earl Gregg Swem Library

Preliminary Analysis of Legislation that would Replace Subsidies for Health Care with Block Grants

Categories: Headlines,Health Insurance,Health/Medical,Laws/Regulations,Medicare/Medicaid,Statistics,Taxes

https://www.cbo.gov/system/files/115th-congress-2017-2018/costestimate/53126-health.pdf

Finds that the latest Republican proposal to replace the Affordable Care Act would reduce the federal budget deficit by at least $133 billion but reduce the number of people with comprehensive health insurance by millions.  Loss of insurance would result from reductions in spending for the block grants, reductions in spending for subsidies, and the repeal of penalties for not having insurance.  From the Congressional Budget Office