CBO Predicts 18 Million Uninsured, Higher Premiums In First Year After Obamacare Repeal And Delay - News Summed Up

CBO Predicts 18 Million Uninsured, Higher Premiums In First Year After Obamacare Repeal And Delay


The Congressional Budget Office just issued a report on the likely effects of a Republican effort to repeal Obamacare immediately but keep some elements of the coverage expansion in place for two years. Within the first year, the CBO predicts, 18 million people would lose insurance. Once Obamacare’s tax credits and Medicaid expansion expired fully, the CBO says, millions more could lose insurance and premiums would rise yet again. The CBO’s estimate also doesn’t consider the possibility that Republicans would replace President Barack Obama’s health care law with something else. Projecting the effects of changes in health care law is hardly a science, and like all CBO reports, this one carries a significant degree of uncertainty.


Source: Huffington Post January 17, 2017 17:00 UTC



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