Critics of the Affordable Care Act rollout say its technology problems are overwhelming. Defenders point to the states, where the health insurance marketplaces seem to be working. (Karen Bleier/AFP/Getty Images)

CBO Predicts 18 Million Uninsured, Higher Premiums In First Year After Obamacare Repeal And Delay

The Congressional Budget Office just issued a report on the likely effects of a Republican effort to repeal Obamacare immediately but keep some elements of the coverage expansion in place for two years.

 

The numbers are staggering and suggest the GOP will find it difficult to keep its promise of an “orderly transition,” unless they deviate significantly from a prototype repeal bill they passed last year.

 

Within the first year, the CBO predicts, 18 million people would lose insurance. In addition, premiums for people buying coverage on their own would increase, on average, by 20 to 25 percent relative to what they would be if the Affordable Care Act remained in place.

 

And that’s just the short-term effects that a “repeal-and-delay” strategy would have. Once Obamacare’s tax credits and Medicaid expansion expired fully, the CBO says, millions more could lose insurance and premiums would rise yet again.

 

Ultimately, the CBO concludes, 32 million more people would be uninsured and premiums would be twice as high ― again, relative to what they would be if Obamacare stayed on the books.

 

 

Denis G Campbell View more

Denis G Campbell
Denis G. Campbell is founder and editor of UK Progressive magazine and co-host of The Three Muckrakers podcast. He is the author of 7 books and provides Americas, EU and Middle Eastern commentary to the BBC, itv, Al Jazeera English, CNN, CRI, MSNBC and others. He is CEO of Monknash Media and a principal with B2E Consulting in London. You can follow him on Twitter @UKProgressive and on Facebook.

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