About 24 million people are expected to lose health-care coverage by 2026 under Republicans' plan to repeal and replace parts of Obamacare, according to the nonpartisan Congressional Budget Office.
Even though it was expected, the coverage-loss estimate is a sweeping blow to President Donald Trump and fellow Republicans, who are trying to push the legislation through the House and Senate without Democratic support. They have pre-emptively argued that the CBO score isn't as important as what they say will be less-expensive coverage options under their plan.
The CBO, the official scorekeeper of the budgetary effects of proposed legislation, also said the GOP proposal would reduce the deficit by $337 billion over the next decade.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.