WASHINGTONâ Insurance premiums would soar and some 18 million Americans would lose health coverage if Republicans partially repeal President Barack Obamaâs health care law without a replacement, Congressâ nonpartisan budget office estimated Tuesday. 18-01-2017
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The Congressional Budget Office analyzed a GOP 2016 repeal measure, which Republicans have cited as a starting point for their 2017 drive to dismantle and replace Obamaâs health overhaul.
Premiums for policies bought from online marketplaces established by Obamaâs law would rise up to 25 percent a year after enactment of repeal. Theyâd about double by 2026, the report estimated.
Thereâd also be 18 million more uninsured people a year after enactment and 32 million more by 2026, the report projected.
The numbers served as a flashing yellow light for this yearâs effort by President-elect Donald Trump and congressional Republicans to annul Obamaâs law and â in a more complex challenge â institute their own alternative. While Republicans have produced several outlines for how theyâd recraft Obamaâs 2010 statute, theyâve never united behind one plan despite years of trying and there are many unknowns about what will happen in insurance markets while the GOP effort is underway.
The report also became immediate political fodder for both sides in what is expected to be one of this yearâs premier battles in Congress.
Trump seemed to complicate that fight over the weekend when he told The Washington Post that a forthcoming GOP plan would provide âinsurance for everybody.â In contrast, some congressional Republicans have used a more modest description, saying plan will offer âuniversal access.â
The 2016 bill that CBO analyzed did not replace Obamaâs law with a GOP alternative, which Republicans have insisted will be an integral part of their health care drive this year.
Because of that omission, Donald Stewart, spokesman for Senate Majority Leader Mitch McConnell, R-Ky., said the report âassumes a situation that simply doesnât exist and that no one in Congress advocates.â AshLee Strong, spokeswoman for House Speaker Paul Ryan, R-Wis., called the estimates âmeaninglessâ because they ignored plans for legislation and regulatory actions by the incoming Trump administration aimed at revamping how people could obtain coverage.
Even so, Republicans have cited last yearâs bill â which Obama vetoed â as a starting point for their 2017 drive to erase his law. Finding unity among Trump and GOP lawmakers on what a new plan should look like is expected to be a challenging task
Democrats used the report as ammunition to assail the Republican health-care push.
âNonpartisan statistics donât lie: itâs crystal clear that the Republican effort to repeal the Affordable Care Act will increase health care costs for millions of Americans and kick millions more off of their health insurance,â Senate Minority Leader Chuck Schumer, D-N.Y., said in a written statement that used the lawâs formal name.
18M more #Americans would be #uninsured under 2016 GOP repeal
WASHINGTONâ Insurance premiums would soar and some 18 million Americans would lose health coverage if Republicans partially repeal President Barack Obamaâs health care law without a replacement, Congressâ nonpartisan budget office estimated Tuesday.
18M more #Americans would be #uninsured under 2016 GOP repeal WASHINGTONâ Insurance premiums would soar and some 18 million Americans would lose health coverage if Republicans partially repeal President Barack Obama's health care law without a replacement, Congress' nonpartisan budget office estimated Tuesday.