Twenty-four million people would lose their insurance over the next 10 years under Republican legislation being pushed to repeal Obamacare, the non-partisan Congressional Budget Office said Monday.
“In 2026, an estimated 52 million people would be uninsured, compared with 28 million who would lack insurance that year under current law,” the CBO said.
The agency projected that in 2018, just in time for mid-term elections, 14 million more people would be uninsured than under current law, if the GOP bill was implemented.
Here’s a taste…
CBO estimates monthly health insurance premium for a single 64-year-old who makes $26,500 would jump more than 700% (from $1,700 to $14,600)
So the people hit the hardest are the GOP’s base? That seems… wise?
Paul Ryan feels your pain:
“I recognize and appreciate concerns about making sure people have access to coverage,” Ryan said in a statement. “And, as we have long said, there will be a stable transition so that no one has the rug pulled out from under them.”
There’s that word again – access. I have access to purchase a yacht. Doesn’t mean I can afford it.
When pressed for an estimate of how many people would lose coverage under House Republicans’ bill, Ryan demurred.
“I can’t answer that question. It’s up to people,” he said. “You get it if you want it. That’s freedom.”
I’m still reading through the CBO report, does anyone know if costs for uninsured people using emergency rooms and hospitals is figured in?