CBO says new repeal-and-delay bill would increase uninsured by 32 million people

Individual market premiums would double by 2026


The Congressional Budget Office (CBO) said the newest healthcare bill would increase the number of uninsured individuals by 32 million and double individual market premiums by 2026, according to an article on the Fierce Healthcare website.

The Obamacare Repeal Reconciliation Act of 2017, is an updated version of the 2015 “repeal-and-delay” bill that congressional Republicans passed and President Barack Obama vetoed. 

The CBO score closely mirrors the agency’s projections about the original bill.

The new Republican bill would be a partial repeal of the Affordable Care Act (ACA). It would roll back  Medicaid expansion, subsidies for individual marketplace plans and several of the law’s taxes by 2020. That delay is meant to give Republicans time to come up with an ACA replacement.

Read the article.

 

 



July 24, 2017


Topic Area: Industry News


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