The Senate Republicans’ bill to repeal and replace the Affordable Care Act would result in the loss of health insurance for 22 million Americans in 2026 relative to the number who would be insured under current law, according to the nonpartisan Congressional Budget Office’s report.
The Senate Republicans’ bill to repeal and replace the Affordable Care Act (ACA) would result in the loss of health insurance for 22 million Americans in 2026 relative to the number who would be insured under current law, according to the nonpartisan Congressional Budget Office’s (CBO) report. The CBO previously estimated that the House version of the bill, which passed in May, would result in 23 million Americans losing health insurance coverage. The report also found that, as soon as 2018, 15 million more people would be uninsured relative to current law. The legislation would decrease the federal deficit by $321 billion over 10 years.
Senate leaders today postponed a vote on the bill until after the July 4th congressional recess. With Democrats united against the legislation, there can be no more than 2 Republicans voting with Democrats against the motion to proceed. Currently, 4 Republicans have opposed the motion; 2 others have not yet declared opposition, but may also decide to oppose.
Among the key features of the Better Care Reconciliation Act of 2017 (BCRA) are the following:
The BCRA is opposed by many healthcare groups, including the American Medical Association and every major hospital association. Hospitals focused their concerns on proposed cuts to Medicaid, which provides health insurance to 73 million low-income and disabled Americans who would otherwise have no health insurance when they require hospitalization. The National Rural Health Association noted that small hospitals and rural hospitals are already struggling to “keep their lights on” and rely on Medicaid payments to survive.
Biosimilars in America: Overcoming Barriers and Maximizing Impact
July 21st 2024Join us as we explore the complexities of the US biosimilars market, discussing legislative influences, payer and provider adoption factors, and strategies to overcome industry challenges with expert insights from Kyle Noonan, PharmD, MS, value & access strategy manager at Cencora.
Hesitancy in MENA Nations to Adopt WHO Biosimilar Guidelines Hinders Market Development
July 17th 2024The World Health Organization’s (WHO) new guidelines for biosimilar approvals aim to save time and money for manufacturers in the Middle East and North Africa (MENA), but hesitancy among nations to adopt the guidelines is stifling market development of biosimilars.
Biosimilars Policy Roundup for April 2024—Podcast Edition
May 5th 2024On this episode of Not So Different, The Center for Biosimilars® glances back at all the major biosimilar policy updates from April, including 2 FDA approvals, 1 European approval, and several insights into possible policy changes from the Festival of Biologics USA conference.