LATEST SENATOR BROWN
WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) today reiterated his concerns with the Senate bill to repeal the Affordable Care Act after the Congressional Budget Office (CBO) released its estimate on the number of people who will be left without health insurance under the bill.
According to the CBO, the Senate bill would increase the number of uninsured by 22 million by 2026. It would also leave 15 million more uninsured next year compared to the Affordable Care Act. It will initially raise premiums by 20 percent next year and result in higher out-of-pocket costs for patients.
The CBO also estimates a $25.7 billion tax cut for the pharmaceutical industry.
“The report only underscores what we already know: this bill hurts working families and raises prices on Ohioans. It hands billions of dollars in tax breaks to the very same drug companies that have price gouged Ohioans and contributed to the opioid epidemic, while taking away Ohio’s number one tool to fight back,” Brown said. “Instead of jamming through a bill written in secret by insurance company CEOs, we should be working together to lower costs and make healthcare work better for everyone.”
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