Saturday, July 22, 2017

Paul Ryan calls CBO's estimate of 22M more uninsured "bogus"

By CBS News, July 20, 2017

House Speaker Paul Ryan called the Congressional Budget Office's estimate that 22 million more people would be uninsured under the latest Senate GOP health care bill "bogus," as he touted tax reform Thursday at a New Balance factory in Lawrence, Massachusetts.

The Wisconsin Republican didn't so much criticize the math as "bogus," but rather, said the figure is "not credible" because "people will choose not to buy" insurance. According to the CBO report, however, many people won't buy plans because the average deductible would be exorbitantly high, rendering care impractical or unaffordable for many lower-income Americans. Under the proposed plan, some deductibles would run $13,000 by 2026, more than the $11,400 someone earning 75 percent of the federal poverty level makes in a year.

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