McConnell Delays U.S. Senate Vote on Health Care Replacement Bill

Last week, U.S. Senate Majority Leader Mitch McConnell (R-KY) delayed the Senate’s vote to repeal the Affordable Care Act (ACA) due to insufficient support from moderate and conservative Republicans. It is expected that if a vote is not garnered prior to the July 4 Congressional recess, the Senate will vote prior to their month-long recess in August. Lawmakers are currently negotiating a new version of the Better Care Reconciliation Act of 2017, which could include preserving taxes on wealthier Americans, and reducing proposed Medicaid cuts.

The Congressional Budget Office (CBO) released their analysis of the Senate’s Better Health Reconciliation Act of 2017 on Monday. The CBO estimated that by enacting this legislation, the Federal deficit would be reduced by $321 billion over the 2017-2026 period – approximately $202 billion more than the estimated net savings for the House version. The Senate bill would increase the number of people who are uninsured by 22 million in 2026 relative to the number under current law. By 2026, an estimated 49 million people would be uninsured, compared with 28 million who would lack insurance that year under current law.

Read the full article in the June 30, 2017 issue of the HCP Insider.

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