The Congressional Budget Office today released a study of the Republicans’ common-sense health care reform proposal.  The CBO found the Republican plan, unlike the Pelosi bill, reduces premiums without raising taxes.

In response to the report Rep. McCotter made the following statement.

In hearing and heeding the American people, House Republicans have proposed sensible, affordable and helpful reforms to advance patient-centered wellness that will empower working families to reduce the costs, increase the quality and maximize the choices regarding their health care.

The Republican Leader’s Office issued the following release highlighting the study’s findings.

“When it comes to reforming health care, controlling skyrocketing costs is the American peoples’ top priority.  Now CBO has confirmed that the Republican plan will lower health care costs for American families, and that’s good news for everyone struggling in today’s economy.  The choice now could not be clearer: Speaker Pelosi’s plan raises costs. Our plan lowers them.

“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. The cost of the Speaker’s bill, now at $1.3 trillion and counting, is a debt that will be paid for by our kids and our grandkids. The American people deserve a better solution, and Republicans’ smart, fiscally-responsible plan gives them exactly what they want.”

NOTE:  In a letter delivered tonight, CBO estimated that the GOP health care plan would reduce average private health insurance premiums per enrollee in the United States relative to what they would be under current law.  Specifically:

• For the small group market (generally businesses with 2 to 50 employees), the GOP plan would reduce premiums in 2016 for example by seven to 10 percent.
• For the individual market, the GOP plan would reduce premiums in 2016 by five to eight percent.
• For the large group market, the GOP plan would reduce premiums in 2016 by zero to three percent.