The Medicaid portions of the GOP megabill would lead to 10.3 million people losing coverage under the health safety net program and 7.6 million people going uninsured, according to estimates from the nonpartisan Congressional Budget Office.
Republicans released the partial estimates Tuesday less than a half hour before the House Energy and Commerce Committee is scheduled to mark up its portion of the legislation central to enacting President Donald Trump’s agenda on taxes, the border and energy.
The panel has been tasked with finding $880 billion in savings, and the CBO confirmed the committee is on track to meet that target. CBO also projects that many of the major Medicaid policies would account for $625 billion in savings, though the scorekeeping office didn’t calculate the impacts of all provisions.
Work requirements would produce the biggest savings in the bill, accounting for nearly $301 billion over a decade — deeper than what had been initially anticipated. Overturning Biden-era rules on the program would save nearly $163 billion, and a moratorium on new taxes that states levy on providers to help finance their programs would recoup roughly $87 billion.
Republicans have argued that the changes will streamline Medicaid and allow it to better focus on serving the most vulnerable beneficiaries.
Democrats have argued the changes will lead to devastating impacts on health care access and have made the case — including by pointing to previous CBO estimates — that work requirements would simply remove people from coverage rather than motivate beneficiaries to find jobs.
“Republicans are trying to say this is kind of a moderate bill,” Energy and Commerce ranking member Frank Pallone told reporters Monday. “Nothing could be further from the truth.”
Read the full article here