Senate health bill leads to 22 million fewer insured AmericansStaff Writer | June 26, 2017
The Senate health care bill would cause 22 million more people to be uninsured by 2026 than under current law, the nonpartisan Congressional Budget Office (CBO) announced.
Cost of health Steep cuts to Medicaid
Later coverage losses would be due to Medicaid cuts, fewer employers offering coverage and other factors.
The Senate bill does, however, reduce the deficit by $321 billion over 10 years — significantly more than the House version, which saved $119 billion.
The reduction comes from steep cuts to Medicaid.
The Senate bill also would lower premiums on the exchanges by 20 percent over 10 years compared to current law, but the health care plans available would cover less, most likely leading to higher out-of-pocket costs than under current law. ■