CBO: Republican Health Bill Would Cause 22 Million To Lose Insurance
The Congressional Budget Office Just released its analysis of the Senate GOP plan – and as expected, it’s disastrous.
The nonpartisan Congressional Budget Office released its analysis of the Senate Republican health bill on Monday and, as expected, the analysis shows millions will lose insurance under the GOP plan.
According to the Congressional Budget Office, 22 million people would lose health insurance under the GOP plan.
The analysis by CBO finds that 15 million would lose their insurance by next year, with the remainder losing their coverage over the next 10 years.
Importantly, when compared to Obamacare, the GOP bill also falls short. The CBO analysis finds, “By 2026, an estimated 49 million people would be uninsured,” under the GOP plan. Under Obamacare, the number of uninsured people in the U.S. would be substantially lower with 28 million.
15 million would lose Medicaid coverage
Over 10 years 15 million will lose coverage through cuts to Medicaid. And 7 million people in the individual market will lose insurance.
Low income and sick Americans hit the hardest by Trumpcare
The CBO analysis also found that the people who will lose insurance under the Senate GOP bill are largely low-income Americans.
[image via screengrab]
