Sunday, March 19, 2017

By the way, people with employer-based health insurance: you too could lose it under Trumpcare (joan Mccarter) · Saturday, March 18, 2017, 9:40 am

Among the 24 million people the Congressional Budget Office predicts could lose their health insurance under the House Trumpcare proposal are 7 million who currently have insurance provided by their employer. The CBO predicts that more employees would choose to forego coverage and boost their paychecks, which would make it harder for employers to keep offering plans.

Even defenders of the agency's assessment of health care reform acknowledge that it had a big miss estimating the number of participants in the Affordable Care Act. One reason for the miss is that employers didn't drop health care benefits to the extent the CBO estimated.

Things could be different this time around.

"Part of that net reduction in employment-based coverage would occur because fewer employees would take up the offer of such coverage in the absence of the individual mandate penalties," the CBO report says. "[O]ver time, fewer employers would offer health insurance to their workers."
The ripple effects would be massive. Whether you're on private health insurance, Medicare, or Medicaid, this bill would have an impact. There's no way the nation's healthcare system could not be sent into turmoil when 24 million people lose coverage and care. Because of the Medicaid cuts and the erosion of Medicare that includes, we could end up in an even worse crisis than we were in before Obamacare passed.

Ultimately, it's everybody's health care that's on the line with this bill.


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