CBO Report on Graham-Cassidy Bill: ‘Millions Fewer People With Comprehensive Health Insurance’
The Congressional Budget Office has released its preliminary analysis of the Graham-Cassidy health care bill.
Over the 2017-2026 period, CBO and JCT estimate, the legislation would reduce the on-budget deficit by at least $133 billion and result in millions fewer people with comprehensive health insurance that covers high-cost medical events.
Their analysis does contain this significant note:
In the short time available, rather than provide the point estimates that are typical in such analyses, the agencies have been able to assess only whether any reductions in the deficit stemming from the legislation as a whole (and from its two titles individually) would exceed certain thresholds and to qualitatively assess its effects on health insurance coverage and market stability.
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