The Congressional Budget Office (CBO) has released the bare bones analysis of the monstrous Graham- Cassidy Obamacare repeal bill requested by the Coward Caucus. Even without a full analysis, the findings are brutal:
The number of people with comprehensive health insurance that covers high-cost medical events would be reduced by millions compared with the baseline projections for each year during the decade, CBO and JCT estimate. That number could vary widely depending on how states implemented the legislation, although the direction of the effect is clear. The reduction in the number of insured people relative to the number under current law would result from three main causes. First, enrollment in Medicaid would be substantially lower because of large reductions in federal funding for that program. Second, enrollment in nongroup coverage would be lower because of reductions in subsidies for it. Third, enrollment in all types of health insurance would be lower because penalties for not having insurance would be repealed. [snip]
The decrease in the number of insured people would be particularly large starting in 2020, when the legislation would make major changes to federal funding for Medicaid and the nongroup market. CBO and JCT expect that market disruptions and other implementation problems would accompany the transition to the block grants created by the legislation—despite the availability of funding specifically designated to assist with that transition—given the short time for planning and making changes between now and then. (our emphasis)In the meantime, it looks like this POS atrocity will get a "no" vote from Sen. Collins (R-ME). She saw this CBO analysis and finally gagged, it appears. Look for Sen. Murkowski to follow suit -- she had many of the same issues and was being bribed the same way Sen. Collins was, to no avail.
Cautious optimism.
