Wednesday, November 4, 2009

Budget Monitor Says G.O.P. Bill Leaves Many Uninsured

http://prescriptions.blogs.nytimes.com/2009/11/04/budget-monitor-questions-impact-of-gop-health-bill/
Finally, the GOP has a bill.

But let's not celebrate just yet.

The Congressional Budget Office says the bill would have little impact in extending health benefits to the roughly 30 million uninsured Americans, but would reduce average insurance premium costs for people who have coverage.

The bill would do little to change the status quo, but would reduce future federal deficits by $68 billion over 10 years, compared to a reduction of $104 billion by the House Democrats’ legislation.

The nonpartisan budget office predicted savings reflected in the Republican plan would amount to $41 billion over 10 years as a result of provisions to limit costs related to medical malpractice lawsuits.

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