Focusing on the Congressional Budget Office report that has a big focus this week, the big numbers this week. BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket
Focusing on the Congressional Budget Office report that has a big focus this week, the big numbers this week. BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket
BeMillion People would without insurance from the senate plan. That is what the Congressional Budget Office projects. Explain how they, up with that number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket spending would be so high. Those are the big top lines. This is compared to current law. The number with the
Number and what it means in the 10 years the cbo report covers. Guest they have a collocated and sophisticated peter model. Sophisticated computer model. They will offset the gains and losses, they ended up with 15 million you are people would e medicaid after 10 years 50 million fewer people would have medicaid after 10 years. There would be a lot of constraints on medicaid from the federal government. It would be capped for the first time. States would get less money. There would be fewer people. Help would go further down the income scale. The insurance they could buy would be less generous. People would not find it valuable to spend money for insurance that they would not be able to use because their deductibles and outofpocket spending would be so high. Those are the big top lines. This is compared to current law. The number with the insurance would double. The cbo did not like down did not break down the individual penalties would go away. They would pay a tax penalty for not hav
I should know that we an Important Role on the floor this morning, so i, and other members, will likely need to step out briefly to participate. We may briefly paused a hearing proceedings, although sometimes necessary,ot become dependent on the order in which people ask questions. We are here, to discuss the proposed mergers between four of the nations five Largest Health Insurance Companies. In early july of this year, aetna announced it had reached a deal to purchase rival humana. If you years later, a few months later, at them i now sit sigma. L to purchase the Department Justice is currently reviewing these transactions. The industrys big five will be reduced t the big three. United care, and send, and aetna hem, and aetna. These acquisitions raise the questions is the Product Offerings will impact the market. That antitrust inquiry is whether the combination will lead to a market concentration that make substantially lessen competition. , and thensactions concurrent review, also