Read the story here. Advertise at Before It's News here.
Profile image
By Fight Back News (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Republican Health Care Plan: Cut health insurance for tens of millions of working-class Americans

% of readers think this story is Fact. Add your two cents.

San José, CA – On Monday, March 13, the Congressional Budget Office (CBO) released its report on the proposed American Health Care Act or ACHA. The ACHA is the House Republican bill that is supported by President Trump. The CBO report estimated that 14 million would lose health insurance the first year after the passage of the ACHA. This number will rise to 24 million people who would lose health insurance over the next ten years. This will basically double the percentage working-age adults who go without health insurance from 10% to 19%. This would save the federal government $1200 billion, most of which will go to tax cuts that mainly benefit the rich.

Of the 24 million people losing their health insurance, more than half, or 14 million low-income Americans, will lose their Medicaid coverage. This will reverse the expansion of Medicaid under the Affordable Care Act (ACA, commonly known as Obamacare). This will have a special impact on the disabled, which make up more than 40% of Medicaid spending.

The next biggest group of people losing insurance, totaling 7 million, would be workers who get health insurance from their employers. Before the ACA businesses had been cutting back on employee health insurance. The ACA led to 8 million more workers and their families being covered by employer insurance, as larger businesses were told to cover their workers. The ACHA would undo this aspect of the ACA, sacrificing millions of workers and their families to further boost corporate profits.

Only 2 million people who buy individual health insurance would have lost their health insurance at the end of ten years. While 9 million people would lose their individual health insurance as they lose government subsidies provided by the ACA, this would be largely offset by workers who lose their employer health insurance and are forced to buy individual health insurance.

The Republican/Trump ACHA cuts to health insurance save the federal government $1200 billion over ten years. Most of these savings would be used to give a gigantic tax cut that would come to an average of $200,000 a year for the top one-tenth of one percent (0.1%) of Americans by ending the ACA tax on investment income and on high-income households.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • Just me

      And we’ll still have government controlled socialized health care. Thanks for nothing Trump.

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.