07-20-2017, 02:55 AM
Here is what just repeal Obamacare would do, per new CBO calculation:
And the Republicans think this is a good idea...
Actually, it isn't all that surprising, the Obamacare replacement laws they (so far) can't get through Congress are almost as bad.
Quote:According to the CBO, the bill — the Obamacare Repeal Reconciliation Act (ORRA) — would leave 17 million more Americans without healthcare insurance in 2018 compared to the current system. That would ramp up to 27 million more uninsured by 2020 and 32 million more uninsured by 2026.CBO score on GOP Obamacare repeal bill - Business Insider
The numbers were similar to the projections the last time Republicans advanced the legislation in 2015.
Under the ORRA, repeal would not kick in until 2020 but would then go into effect immediately, rather than phasing out Obamacare's provisions. The CBO score does not take into account any replacement that may be passed during that two-year period.
According to the CBO, the impact on premiums would be similarly devastating. "Average premiums in the non-group market (for individual policies purchased through the marketplaces or directly from insurers) would increase by roughly 25% — relative to projections under current law — in 2018," said the report. "The increase would reach about 50% in 2020, and premiums would about double by 2026."
And the Republicans think this is a good idea...
Actually, it isn't all that surprising, the Obamacare replacement laws they (so far) can't get through Congress are almost as bad.

