CBO finds ‘millions’ will lose coverage from repeal bill
The Congressional Budget Office (CBO) projected Monday that the last-ditch GOP ObamaCare repeal bill would result in “millions” of people losing coverage.
The agency did not give a specific number given a lack of time to do the analysis before a vote, but said the “direction of the effect is clear.”
CBO said the reduction in coverage would be felt in three areas: in Medicaid, because the bill repeals ObamaCare’s expansion of Medicaid; in private coverage, because the bill repeals subsidies that help people afford it; and because the mandate to have coverage would be repealed.
After the CBO analysis was released, Sen. Susan Collins (R-Maine) told reporters she hoped senators could return to the bipartisan ObamaCare stabilization negotiations that were abruptly cut off last week.
Sens. Lamar Alexander (R-Tenn.) and Patty Murray (D-Wash.) were in the midst of negotiations on a bill to stabilize the insurance markets, until they were abandoned so Republicans could concentrate on one last repeal effort .
“I would hope that work would be resumed very quickly, and we could go on to other issues in the ACA,” Collins said.
CBO predicted some states would charge those who are sick more money for health coverage.