AMERICAN HEALTH CARE ACT OF 2017
Mr. SCOTT of Virginia. Mr. Speaker, I yield myself such time as I may consume, and I remind my colleague that her vote for this bill could increase premiums for people with breast cancer in Tennessee by over $38,000.
Mr. Speaker, let's begin with a few facts:
Since the passage of the Affordable Care Act, costs have gone up at the lowest rate in 50 years;
Those with preexisting conditions get insurance at the standard rate;
Instead of millions of people losing their insurance every year, 20 million more people have insurance;
Personal bankruptcies are down 50 percent.
Still, all we hear are complaints, press releases, and promises about something better. But CBO has debunked this proposal by pointing out that 24 million fewer people will have insurance, that costs will go up, and insurance will cover less.
So, whatever you think about the Affordable Care Act, this bill makes things worse--except for millionaires, who get a tax cut.