AUSTIN – Today, the Congressional Budget Office released a score of the draft Senate healthcare bill showing a continuing increase in premiums over the next two years. The Texas Public Policy Foundation released the following quote from Chip Roy, Director of the Center for Tenth Amendment Action:
"This afternoon’s CBO score further highlights the unfortunate deficiencies in the Senate’s Better Care Reconciliation Act,” said Roy. “Despite throwing nearly $65 billion of taxpayer money at insurers in the next four years to coerce them into remaining in the failing Obamacare exchanges and to offset rising costs, CBO estimates that premiums would still continue to rise through 2020, increasing by twenty percent on average for next year alone. The Senate should start over and fully repeal the disastrous law that is Obamacare—in particular the cost-driving regulations that are making care less affordable for families all across Texas and the nation.
"While the limited optional waivers remain a modest improvement from the original GOP measure, the bill ultimately fails to repeal Obamacare’s core components and would ultimately lead to millions more without employer-provided coverage and higher overall costs."
For more information or to request an interview with Mr. Roy, please contact Alicia Pierce at [email protected] or 512-472-2700.
Chip Roy is director of the Center for Tenth Amendment Action at the Texas Public Policy Foundation.
The Texas Public Policy Foundation is a non-profit, free-market research institute based in Austin, Texas. The Texas Public Policy Foundation aims to advance a societal framework that effectively fosters human flourishing based upon cooperation and mutually beneficial exchange of ideas and speech.