CBO Releases AHCA Cost Estimate, Twitter Reacts

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The Congressional Budget Office (CBO) released a cost estimate on May 24, 2017 for the American Health Care Act of 2017 (AHCA), a.k.a. “Trumpcare,” that was passed by the House of Representatives to replace the Affordable Care Act (ACA), a.k.a. “Obamacare.”

The CBO projects that, while the AHCA will cut back on government spending, the depletion of the Medicare Part A trust fund is predicted to happen in 2025. This doesn’t mean Medicare Part A will cease to operate, but will not be able to pay for all of the benefits of Medicare Part.

The CBO cost estimate does not contain any information about how the AHCA may affect Medicare Advantage plans or prescription drugs under Medicare Part D.

It does, however, state that 41 million Americans will be uninsured in 2018, and that the number will grow to 51 million people without health insurance by 2026.

Here are a few reactions on Twitter:

                                     

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Medicare World Editorial Team
The Medicare World editorial team works diligently to make sure our stories are informative, unbiased, and of utmost relevance to our readers. Our team of researchers and writers presents the best and latest information on all things Medicare, including legislation, enrollment rules, changes in coverage and costs, and health information. We enjoy keeping our readers up-to-date and helping them navigate the often-complicated Medicare maze.

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