Here’s a quick overview of some of the key effects of the Senate bill, based on estimates from CBO and the Joint Committee on Taxation for the years 2010-2019.
$395 billion in federal spending to expand the number of people covered by Medicaid and CHIP, insurance programs for the poor.
$436 billion in federal spending pay for health-insurance exchanges that would largely be used by people who don’t get health insurance through work. Most of that money would be in the form of subsidies for insurance premiums for people earning up to four times the poverty level.
$398 billion in new taxes. That includes the tax on high-value health-insurance plans, new fees on health insurers and drug and device makers, and higher payroll taxes for high earners.
$483 billion in cuts to projected spending for Medicare and other programs. This includes reductions in projected costs for privately administered Medicare Advantage programs and a new formula likely to lower annual increases in payments to hospitals.
31 million additional people would have health insurance by 2019 because of the bill.
23 million people in this country would still be uninsured."