Quick Takes: Senate Bill Would Take Health Care Away From 32 Million


* CBO has already produced a report on McConnell’s plan to repeal Obamacare and delay replacement. Actually all they had to do was dust off and tweak their report on the same bill Republicans passed in 2015 that was vetoed by Obama. Here are the top line numbers:

The number of people who are uninsured would increase by 17 million in 2018, compared with the number under current law. That number would increase to 27 million in 2020, after the elimination of the ACA’s expansion of eligibility for Medicaid and the elimination of subsidies for insurance purchased through the marketplaces established by the ACA, and then to 32 million in 2026.

Average premiums in the nongroup market (for individual policies purchased through the marketplaces or directly from insurers) would increase by roughly 25 percent—relative to projections under current law—in 2018. The increase would reach about 50 percent in 2020, and premiums would about double by 2026.

* Sometimes I honestly think that Trump’s presidency is one big FU to America. This is one of those times:

* Speaking of jobs, it seems appropriate that this would happen on the six month anniversary of Trump’s inauguration.

Carrier Corp. is beginning job cuts at the Indianapolis factory that became a rallying cry for President Donald Trump because of the company’s plans to shift work to Mexico.

Daily Deals

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