Repeal-Only Bill’s Estimated Impact: 32 Million More Uninsured, 25 Percent Premium Spikes
But the legislation would still decrease deficits by $473 billion over 10 years because of the spending reductions, the Congressional Budget Office projects.
USA Today:
CBO: Obamacare Repeal Plan Would Increased Number Of Uninsured By 32 Million
A bill the Senate plans to vote on next week to repeal parts of Obamacare without a replacement would make the insurance market unstable, raise premiums and increase by 32 million the number of uninsured people, according to an analysis released Wednesday by the non-partisan Congressional Budget Office. While repealing billions of dollars in taxes imposed under Obamacare to pay for expanding health coverage to millions more Americans, the legislation would still decrease deficits by $473 billion over 10 years because of the spending reductions. (Groppe, 7/19)
Politico:
Senate 'Repeal Only' Bill Would Leave 32 Million More Uninsured, CBO Says
The nonpartisan scorekeeper’s report projects that 17 million people would lose insurance in the first year after a partial repeal that includes ending Obamacare’s Medicaid expansion and repealing most of the taxes tied to the law. Premiums would jump 25 percent over that same period as insurers grapple with the effective elimination of Obamacare’s requirement that everyone purchase coverage. (Cancryn, 7/19)
The CT Mirror:
CBO: Obamacare Repeal Bill Would Result In 32 Million Additional Uninsured
One reason premiums would sharply increase is that the legislation – which would voted on in the Senate under a process known as reconciliation – is unable to repeal certain ACA provisions that do not have a budgetary impact, the CBO said. So the “repeal” bill would leave some ACA mandates in place. (Radelat, 7/19)