CBO: Millions to Lose Coverage Next Year Under GOP Health Bill

Congressional Budget Office says 14M will lose coverage next year
By Newser Editors and Wire Services
Posted Mar 13, 2017 4:44 PM CDT
CBO: 14M to Lose Coverage Next Year Under GOP Health Bill
FILE - In this March 9, 2017 file photo, House Speaker Paul Ryan of Wis. uses charts and graphs to make his case for the GOP's long-awaited plan to repeal and replace the Affordable Care Act during a news conference on Capitol Hill in Washington. Republicans pushing a plan to dismantle Barack Obama's...   (J. Scott Applewhite)

Nonpartisan analysts project that 14 million people would lose coverage next year under the House bill dismantling former President Barack Obama's health care law, the AP reports. The estimate is a blow to Republicans. Monday's estimate by the Congressional Budget Office says there would be 24 million more people uninsured by 2026 than under current law. The projections give fuel to opponents who warn the measure would toss millions of voters off insurance plans. Criticism has come from Democrats, Republicans from states that benefit from Obama's law, and many corners of the health-care industry. President Donald Trump backs the GOP plan.

Republican leaders have said their aim is to lower costs. They say coverage statistics are misleading because many people covered under Obama's law have high out-of-pocket costs that make health care unaffordable. (Read more ObamaCare stories.)

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