CBO Says 22 Million Would Lose Insurance Under Senate GOP’s Repeal and Replace Plan

CBO Says 22 Million Would Lose Insurance Under Senate GOP’s Repeal and Replace Plan

The Senate GOP’s latest version of a bill to repeal and replace the Affordable Care Act could leave an addition 22 million Americans without insurance over the next ten years, according to the Congressional Budget Office.

The Number, released by the CBO on Thursday, estimated the bill would reduce the federal deficit by $420 billion by 2026.

One option for Senate Majority Leader Mitch McConnell to win over some Republican holdouts to support the bill would be to give $200 billion of the savings as assistance to states to expand Medicaid.

The CBO did not score an amendment added by Sen. Ted Cruz, R-TX, that would allow insurers to offer plans not compliant with Obamacare as long as they also sell plans that meet the criteria of Obamacare. The full impact of the legislation can not be known until the amendment is scored.

via the Hill

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