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CBO: 22 million more would be without health insurance over next decade under Senate bill
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| Parent(s) |
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| Contributor | RP |
| Last Edited | RP Jun 26, 2017 05:43pm |
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| Category | Report |
| Author | Rebecca Shabad |
| Media | TV News - Columbia Broadcasting System CBS News |
| News Date | Monday, June 26, 2017 10:10:00 PM UTC0:0 |
| Description | Twenty-two million more people would be without health insurance over the next decade under Senate Republicans' plan to repeal and replace Obamacare, according to an analysis released Monday by the nonpartisan Congressional Budget Office.
Average premiums under the bill would increase in the nongroup market before 2020 and decrease after that, CBO said. Average premiums for single people under benchmark plans, for example, would be about 20 percent higher next year and 10 percent higher in 2019, compared to current law.
While average premiums will eventually drop, CBO said Monday that the Senate bill would lead to higher out-of-pocket spending for people and fewer covered benefits.
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