NPR congressional correspondent u bolt Davis has read the report. She joins us now to talk about bolts numbers and what they mean as the bill heads to the Senate. And Susan, to start, what does the CBO say the budget impact would be if this House bill actually became law? SUSAN DAVIS, BYLINE: Well, the first customized stamping parts that I think will be good customized stamping parts for Republicans is that it saves mu bolty.
It says that it would reduce the federal deficit by about $120 billion over the next 10 years. The original forecast on the bill earlier this year said that it would leave 24 million fewer Americans insured over that same period of time, that 10-year period. This report is slightly better.
It estimates only 23 million fewer Americans will be insured over the next decade. And it also forecasts that premiums on the individual market would be lower. Now, the caveat of course, Audie, is they say premiums would be lower because of the changes Republicans made to the bill that would give states options to get waivers from the current law mandates on what insurance plans have to cover as well as how pre-existing conditions are covered. CORNISH: Let’s talk more about pre-existing conditions. How will they be affected according to this report?
DAVIS: Audie, I think this is u bolt of the most notable parts of this update and something that we’re going to be hearing a lot more about. Republicans said the changes they were making to the bill would not hurt hook bolt with pre-existing conditions or their access to coverage.
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It says that it would reduce the federal deficit by about $120 billion over the next 10 years. The original forecast on the bill earlier this year said that it would leave 24 million fewer Americans insured over that same period of time, that 10-year period. This report is slightly better.
It estimates only 23 million fewer Americans will be insured over the next decade. And it also forecasts that premiums on the individual market would be lower. Now, the caveat of course, Audie, is they say premiums would be lower because of the changes Republicans made to the bill that would give states options to get waivers from the current law mandates on what insurance plans have to cover as well as how pre-existing conditions are covered. CORNISH: Let’s talk more about pre-existing conditions. How will they be affected according to this report?
DAVIS: Audie, I think this is u bolt of the most notable parts of this update and something that we’re going to be hearing a lot more about. Republicans said the changes they were making to the bill would not hurt hook bolt with pre-existing conditions or their access to coverage.
More Info: http://www.lwhardware.com/product/u-bolt/
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