CBO: 23 Million To Lose Coverage Under Trumpcare

CNBC reports:

The current Republican bill to repeal and replace major parts of Obamacare will lead to 23 million more Americans not having health insurance coverage by 2026 if it becomes law, the Congressional Budget Office projected Wednesday.

That is only 1 million fewer uninsured people than the 24 million people more uninsured that had been projected for an earlier version of the GOP bill. Most of the coverage losses still would occur next year, when 14 million more people would become uninsured than would otherwise be if Obamacare remained in place, CBO said in its new report.

From the New York Times:



“Premiums would vary significantly according to health status and the types of benefits provided, and less healthy people would face extremely high premiums,” the budget office concluded. The new forecast of the nonpartisan Congressional Budget Office, Capitol Hill’s official scorekeeper, is another blow to Republican efforts to undo President Barack Obama’s signature domestic achievement.

The Senate has already said it will make substantial changes to the measure passed by the House, but even Senator Mitch McConnell of Kentucky, the majority leader, is sounding uncertain about his chances of finding a majority to repeal and replace the health law. “I don’t know how we get to 50 at the moment,” Mr. McConnell told Reuters on Wednesday. “But that’s the goal.”