23 Million Fewer People Would Have Coverage Under Obamacare Repeal Bill, CBO Confirms
Jonathan Cohn, Jeffrey Young
| Huffington Post
Twenty-three million fewer Americans would have insurance under legislation that
House Republicans narrowly passed last month, the
Congressional Budget Office reported on Wednesday.
The CBO also predicted that the deficit would come down by $119 billion over the next decade -- and that premiums for people buying insurance on their own would generally be lower for younger consumers and higher for older and sicker people than those premiums would be if the
Affordable Care Act stays in place.
But the reasons why health insurance would be less expensive for some aren't much to cheer about, the budget report makes clear. Prices would come down for healthy people because those who are sick or have illness in their medical histories would have less access to coverage -- and the policies available on the market would tend to be a lot less comprehensive.