Here are five things to know:
1. Within the next year, the report found 15 million Americans would lose coverage under their plan.
2. Senate Republicans released their bill, the Better Care Reconciliation Act, last week. The plan includes cuts to Medicaid spending with the overall aim of truncating the federal deficit by $321 billion by 2026.
3. The CBO report found a large chunk of younger Americans would have a decrease in their premiums if opting for high-deductible plans. However, older Americans or those wishing to buy higher-valued plans with lower deductibles or more extensive coverage could have major premium increases.
4. The BCRA allows states to apply for waivers exempting some plans from providing Essential Health Benefits, such as maternity care and emergency services.
5. The House previously released a reform bill, the American Health Care Act, which a CBO report found would cause 23 million more Americans to lose coverage by 2026.
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