Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.

CBO to Release Score of House-Passed GOP Healthcare Bill on May 24

Washington, DC, May 20, 2017The Hill reports that the Congressional Budget Office (CBO) will release its analysis of the House-passed Republicans’ healthcare reform bill Wednesday afternoon, May 24.

The long-awaited analysis of the bill will give an idea of how the legislation will impact the deficit and how many people could lose coverage.

The initial version showed that the American Health Care Act (AHCA) would increase the number of people without health insurance by 24 million by 2026.

Previous versions of the GOP bill were scored twice in March, but the bill has been amended three times since then.

The most recent amendment would allow states to waive out of two Obamacare provisions:

  • Essential health benefits, which mandates which services insurers must cover, and
  • Community rating, which requires insurers charge everyone in a certain region the same for premiums regardless of medical condition.

Under the plan, states that waive community rating would have to have a high-risk pool as a backstop for people priced out of coverage.  Those changes could result in more coverage losses.

Speaker Paul Ryan (R-Wis.) on Friday downplayed the possibility.  “It’s just a technical nonissue, is what it is. Just out of an abundance of caution, we’re waiting to send the bill to the Senate for the final CBO score,” he said.