Cong. Budget Office: GOP health plan would cut deficit, lower premiums

Nervous Blue Dog Democrats might want to take a look at the Republican health care reform proposal. The Washington Examiner says why:

The Congressional Budget Office Wednesday night released its cost analysis of the Republican health care plan and found that it would reduce health care premiums and cut the deficit by $68 billion over ten years.

The Republican plan does not call for a government insurance plan but rather attempts to reform the system by creating high-risk insurance pools, allowing people to purchase health insurance policies across state lines and instituting medical malpractice reforms.

"Not only does the GOP plan lower health care costs, but it also increases access to quality care, including for those with pre-existing conditions, at a price our country can afford," House Minority Leader John Boehner, R-Ohio, said.

According to CBO, the GOP bill would indeed lower costs, particularly for small businesses that have trouble finding affordable health care policies for their employees. The report found rates would drop by seven to 10 percent for this group, and by five to eight percent for the individual market, where it can also be difficult to find affordable policies.

Technorati tags: democrats Politics john boehner Congress news obamacare health universal health care health care reform