Dive Brief:
Nearly 11 million more people would be uninsured in 2034 under the budget reconciliation bill passed by the House, according to an estimate by the Congressional Budget Office released Wednesday.
The analysis from the nonpartisan budget scorekeeper found 7.8 million would lose coverage due to cuts to the safety-net insurance program Medicaid.
Provisions under the House Energy and Commerce Committee’s purview, including the Medicaid policy changes, would lower the federal deficit by $1 trillion. But the bill overall would increase the deficit by $2.4 trillion, according to the CBO.
Dive Insight:
The House narrowly advanced the legislation, which includes a number of healthcare provisions including sweeping cuts to Medicaid, late last month .
One of the major changes to