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The Guardians of Democracy

CBO: 23 Million Americans Will Lose Health Coverage Under Republican ObamaCare Repeal Bill

Corporate Greed

CBO: 23 Million Americans Will Lose Health Coverage Under Republican ObamaCare Repeal Bill

The GOP’s ObamaCare replacement bill that passed the House would result in 14 million fewer people with health insurance next year and 23 million fewer people with health insurance over 10 years, the nonpartisan Congressional Budget Office said in an analysis released Wednesday.

The total is slightly less than the CBO’s accounting of a previous version of the bill.




It would reduce the federal deficit by $119 billion over a decade, less than the $150 billion in savings projected in late March for an earlier version of the bill.

The CBO also found that an amendment allowing states to waive certain regulations would mean premiums would be somewhat lower than in the previous version of the bill, and slightly more people would get coverage because they are buying plans that cover fewer healthcare services.

And in states that seek waivers from rules mandating essential health coverage, the new law could make insurance economically out of reach for some sick consumers.

“Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums,” the budget office concluded.




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