As the fate of TrumpCare hangs in the balance, Sean Spicer will take the stage momentarily to tackle questions from the press on the latest developments. For the latest updates on this afternoon's vote see our post here.
And some udpates:
Buy the dip?
According to Predictit.com, the odds of the healthcare bill passing today has plunged to 13%
It was as high as almost 50% late yesterday...
Source: Predictit.com
While the American Healthcare Act, President Trump’s first major legislative effort, is going to a vote in the House of Representatives on Friday - no matter what; for many years now, the American healthcare system has been flawed.
As Statista's Feliz Richter illustrates in the chart below, U.S. health spending per capita (including public and private spending) is higher than it is anywhere else in the world, and yet, the country lags behind other nations in several aspects such as life expectancy and health insurance coverage.
Given today's vote fiasco, this seemed highly appropriate...
If you are an older senior citizen and can no longer take care of yourself and need Long-Term Care, but the government says there is no Nursing Home care available for you, what do you do?
You may opt for Medicare Part G.
CBO has scored the revised RyanCare plan that was released on Monday night (notably not with amendments that have likely been discussed this week with the Freedom Caucus) and it is even worse... considerably less budget deficit reduction, the same number of uninsured, and similar effects on healthcare premium.
CBO Comparison With the Previous Estimate