The reality is,
RyanCare is not about improving health care – it’s a major tax cut for the
wealthy funded by taking coverage away from and rising the cost of care for
working people. RyanCare will make
everyday Americans pay more money for fewer benefits, and even leave many
people with no health care at all.
Instead, RyanCare will enact a huge tax giveaway to
Trump, his wealthy friends, and insurance company CEOs.
According to Center on Budget and Policy Priorities,
Americans will see an increase of at least $1,700 per year to get the health care they need.
RyanCare reduces tax credits, making it difficult for
middle-income families to receive affordable care.
For example, in
Northumberland County, PA, a 60 year old making 40k per year receives a $11,150
subsidy under ACA. Under RyanCare, that same person would receive $4,000 in tax
credits that results in $7,150 less towards health insurance.
RyanCare cuts health care coverage in many
ways [h/t Protect Our Care]. It:
Ends Medicaid expansion: Makes it impossible for states to continue Medicaid expansion
past 2020, meaning millions of American who need health care most would lose
Cuts regular Medicaid: Creates per-capita caps to Medicaid funding that will
result increased costs for millions of additional seniors,
low-income families, people with disabilities, and children.
Defunds Planned Parenthood: Puts essential care at risk for millions of patients who
depend on Planned Parenthood for their care including cancer screening and
Reduces tax credits: Makes coverage unaffordable for millions of
moderate-income families by reducing the size of tax subsidies. The Kaiser Family Foundation found that many families would pay thousands more a
Raises premiums and out-of-pocket costs – especially for
older people: Premiums and out-of-pocket
costs will rise, especially for older people, because the bill lifts caps on
how much insurance companies can charge.
Also penalizes people for letting coverage lapse: It gets rid of the individual mandate, but people who
let their coverage lapse more than 2 months can be hit with a 30% premium hike
when they buy new coverage. So there’s still a penalty for dropping coverage –
but instead of creating an incentive for people to get coverage, it’s an
incentive not to. That makes the whole system more expensive for everyone.
The CBO projected that the bill would result in 14 million people being
uninsured in 2018, rising to 21 million in 2020 and then to 24 million in 2026.
Average premiums would rise by as much as 20 percent in 2018 and 2019 before
falling in later years.
That is why Republicans refuse to hold public hearings.
But what we’re seeing across the country is American people fighting back and
making their voices heard at townhall meetings and protests.
The Affordable Care Act is working. Before the ACA was
passed, tens of thousands of Americans died every year from preventable and treatable
causes just because they didn’t have health insurance to pay for care. Now
millions more Americans have health insurance and get the care they need.
RyanCare would take us backwards to a day when Americans die needlessly because
they can’t afford care.
THE CONGRESSIONAL BUDGET
OFFICE’S PROJECTIONS ARE VIEWED AS UNBIASED AND THE MOST ACCURATE AMONGST
Independent Analysis Of The
C.B.O.’s Forecasting Concluded It Was Not Biased And Was The Most Accurate Of
Federal Analysts. “In the C.B.O.’s assessment of its own
accuracy, the agency says it has overestimated revenue by an average of 1.1
percent for two-year projections and by 5.3 percent for six-year projections
since 1982. Similarly, the C.B.O.
concluded that its economic forecasts of the past four decades ‘have been
comparable in quality to those of the administration and the Blue Chip
consensus,’ which aggregates analyses from the private sector. Independent analysis of the C.B.O.’s
forecasting tends to be even more generous, concluding it is not biased (though
perhaps optimistic) and citing the agency as the most accurate of federal
analysts.” [New York Times, 3/9/17]
Washington Post: “The CBO’s Analysis Is Generally Accepted As Sound. Its Own Assessment
Of Its Record At Forecasting Economic Trends Found That Its Estimates Have
Generally Been In Line With Administration Estimates And The Estimates Of An
Average Of 50 Private-Sector Groups.” “That particular subject
aside, the CBO’s analysis is generally accepted as sound. Its own assessment of
its record at forecasting economic trends found that its estimates have
generally been in line with administration estimates and the estimates of an
average of 50 private-sector groups. The CBO’s analysis is considered sound
enough that both Spicer and Trump have, in the past, cited its projections for
political points.” [Washington