Evaluating the CARE Act: implications of a proposal to repeal and replace the Affordable Care Act
- Collection:
- Health Policy and Services Research
- Author(s):
- Eibner, Christine, author Nowak, Sarah, author
- Contributor(s):
- Commonwealth Fund, issuing body.
- Publication:
- [New York, New York] : Commonwealth Fund, May 2016
- Language(s):
- English
- Format:
- Text
- Subject(s):
- Health Care Reform -- economics Health Care Reform -- legislation & jurisprudence Insurance Coverage -- economics Insurance Coverage -- legislation & jurisprudence Insurance, Health -- economics Insurance, Health -- legislation & jurisprudence Federal Government Financing, Government Financing, Personal Health Policy Medicaid -- legislation & jurisprudence Medically Uninsured -- statistics & numerical data Medicare -- legislation & jurisprudence Poverty Taxes Humans United States United States.
- Genre(s):
- Technical Report
- Abstract:
- The Patient Choice, Affordability, Responsibility, and Empowerment (CARE) Act is an alternative to the Affordable Care Act (ACA) offered by Sens. Richard Burr (R--N.C.) and Orrin Hatch (R--Utah) and Rep. Fred Upton (R--Mich.). It would eliminate the ACA's individual and employer mandates, loosen regulations on insurers, roll back funding for Medicaid expansion, eliminate taxes and fees, and offer tax credits to low-income individuals to help them purchase insurance. We analyzed the effects of the CARE Act on insurance enrollment, premiums, federal spending, and out-of-pocket costs, relative to current law. We estimate that, in 2018, the CARE Act would reduce federal spending but increase the deficit by $17 billion, relative to current law. It also would increase the number of uninsured individuals by 9 million, and leave some population segments, including low-income individuals and older adults, with substantially higher costs for health insurance and medical care.
- Copyright:
- Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
- Extent:
- 1 online resource (1 PDF file (22 pages))
- Illustrations:
- Illustrations
- NLM Unique ID:
- 101684818 (See catalog record)
- Permanent Link:
- http://resource.nlm.nih.gov/101684818