Last week, Republicans in Congress laid out their official plan to repeal the Affordable Care Act. The policy, already dubbed “TrumpCare,” is expected to cut taxes for corporations and wealthy individuals while making health care more expensive for the majority of Americans.
Experts from the Center for Public Policy Priorities have already warned us that the policy will likely result in higher premiums and deductibles for the vast majority of Texans, especially for adults age 50-64. And the bill does nothing to create more coverage for the 4.6 million uninsured Texans.
What it will do is undo the progress we were making under the ACA to reduce the number of Texans without insurance. More than 1 million Texans have insurance today thanks to President Obama and the ACA. And had Texas Republican leaders not blocked Medicaid expansion, we would have approximately 1 million additional Texans with insurance.
Update: 500,000 Texans Could Lose Coverage
A new analysis finds that as many as 500,000 Texans could lose coverage if TrumpCare became law. The findings follow news from last week that adults age 50-64 are most likely to be hit the hardest by higher premiums and deductibles under the new plan.
Congress is expected to vote on the bill later this week. Reports are showing that a number of U.S. House Republicans oppose the measure, and Republican governors from states that expanded Medicaid want to keep many of the provisions of the Affordable Care Act in place.
As we continue to work on the Texas budget, we will closely track the progress of the federal legislation and the impact any policies may have on coverage for Texas families.