Clay Slams GOP Trumpcare “Pay More for Less,” Health Bill after CBO Report Exposes Devastating Impact on Millions of Americans Who Will Lose Coverage
Trumpcare Will Make America Sicker, Not Stronger
Over 300,000 Missourians Could Become Uninsured
WASHINGTON, DC – Congressman Wm. Lacy Clay (D) Missouri, slammed the Republican Trumpcare ‘Pay More For Less’ repeal bill after the Congressional Budget Office released a report detailing the terrible human costs of the GOP plan to repeal the Affordable Care Act.
“After all of the Republicans’ hollow promises, the devastating reality of their cruel plan has been revealed,” said Mr. Clay. “It’s no wonder why they pushed this reckless and irresponsible mess forward in the middle of the night and are in such a huge rush to force this poisonous prescription down the throats of the American people. Their bill would deprive 24 million Americans of their healthcare coverage while handing billionaires a deficit-busting tax break. And it will also significantly weaken Medicare and Medicaid. Trumpcare will make America sicker, not stronger; and I will work tirelessly to defeat it.”
Key Findings of the CBO Report
24 million Americans will lose their health coverage – including 14 million in 2018 alone
301,000 individuals across Missouri who have gained coverage via the ACA could lose their coverage.
38,000 citizens in Missouri’s 1st CD could be stripped of their healthcare coverage
225,878 individuals in Missouri who received financial assistance to purchase ACA Marketplace coverage in 2016, averaging $315 per individual, are at risk of having coverage become unaffordable under the Republican plan.
Women in the state who can now purchase insurance for the same price as men are at risk of being charged more for insurance if the Republican Congress eliminates the ACA’s ban on gender rating.
Under the GOP bill, 19 percent of the nonelderly population will be uninsured in 2026, compared to 10 percent in 2026 under current lawalmost doubling the number of uninsured Americans
The bill would have the effect of slashing Medicaid by $880 billion over the next 10 years.
Under the GOP bill, a 64-year-old with an income of $26,500 in the individual market will pay $12,900 more in their premiums each year.
By defunding Planned Parenthood for one year, the bill would have the result of many women losing access to care, including contraceptives and other family planning services.
The bill gives $600 billion in tax cuts to the wealthiest Americans and large corporations – including $2.8 billion to the 400 richest families in America alone.