From my limited knowledge what stands out to me as reading the CBO: Your screwed if you have a Pre Existing Condition.
States that accept the Federal Waivers, can & will ELIMINATE Essential Health Benefits AND Pre Existing Conditions.
Billions of Medicaid cuts.
Billions in the Pockets of the rich.
Basically, the budget may be balanced, by stepping over millions of dead bodies. Yep, that’s as far as I was able to stomach reading. Hopefully, the experts and economists can interpret further.
The CBO did not take into account the millions that will lose healthcare due to Pre-Existing Conditions, “instability would cause some people who would have been insured in the nongroup market under current law to be uninsured”. Nor the approximately 750,000 people enrolled in the Basic Health Programs (BHP)in New York and Minnesota.
Two exerpts from the CBO:
“CBO and JCT expect that, as a consequence, the waivers in those states would have another effect: Community-rated premiums would rise over time, and people who are less healthy (including those with preexisting or newly acquired medical conditions) would ultimately be unable to purchase comprehensive nongroup health insurance at premiums comparable to those under current law, if they could purchase it at all—despite the additional funding that would be available under H.R. 1628 to help reduce premiums. As a result, the nongroup markets in those states would become unstable for people with higher-than-average expected health care costs. That instability would cause some people who would have been insured in the nongroup market under current law to be uninsured.”
“the ACA’s ban on annual and lifetime limits on covered benefits would no longer apply to health benefits not defined as essential in a state. As a result, for some benefits that might be removed from a state’s definition of EHBs but that might not be excluded from insurance coverage altogether, some enrollees could see large increases in out-of-pocket spending because annual or lifetime limits would be allowed. That could happen, for example, to some people who use expensive prescription drugs. Out-of- pocket payments for people who have relatively high health care spending would increase most in the states that obtained waivers from the requirements for both the EHBs and community rating.”Cbohr1628aspassed copy