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CBO Report: How Repealing Portions of the ACA Would Affect Health Insurance Coverage and Premiums
Congressional Budget Office [CBO]
Jan. 17, 2017
"CBO and JCT estimate that enacting [H.R. 3762, the Restoring Americans' Healthcare Freedom Reconciliation Act of 2015] would affect insurance coverage and premiums primarily in these ways: [1] The number of people who are uninsured would increase by 18 million in the first new plan year following enactment of the bill. Later, after the elimination of the ACA's expansion of Medicaid eligibility and of subsidies for insurance purchased through the ACA marketplaces, that number would increase to 27 million, and then to 32 million in 2026. [2] Premiums in the nongroup market ... would increase by 20 percent to 25 percent -- relative to projections under current law -- in the first new plan year following enactment. The increase would reach about 50 percent in the year following the elimination of the Medicaid expansion and the marketplace subsidies, and premiums would about double by 2026." [Unnumbered report dated Jan. 17, 2017]
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