UPDATING: CBO Reports TrumpCare Would Leave Additional 24 Million More People Without Insurance by 2026
Premiums initially would actually rise under TrumpCare
The Congressional Budget Office has just released its initial report on TrumpCare, the Republicans’ plan to repeal and “replace” ObamaCare. Despite President Donald Trump’s repeated promises that no one would go uninsured, the plan he supports in fact by 2026 would leave an additional 24 million more people without health care coverage.Â
Starting in 2018, TrumpCare would leave 14 million more people uninsured – that’s in addition to those currently without coverage.
NEW: CBO determines 14 million people would lose coverage in 2018 under GOP alternative to Obamacare, @nancycordes reports. pic.twitter.com/MkN4XhbUB0
— CBS News (@CBSNews) March 13, 2017
Premiums initially would actually rise under TrumpCare, then by 2026 drop by 10 percent as compared to where they would be under ObamaCare at that point.
It would reduce the deficit by $337 billion over ten years.
Trump promised, under his health plan, “INSURANCE FOR EVERYBODY”
Under his actual plan 24 MILLION PEOPLE WILL LOSE THEIR COVERAGE pic.twitter.com/Hl1I0W8epU
— Judd Legum (@JuddLegum) March 13, 2017
UPDATE I: 4:25 PM EDT –
Higher deductibles, too, despite how Trump has been blasting ObamaCare deductibles.
NEW: CBO determines 14 million people would lose coverage in 2018 under GOP alternative to Obamacare, @nancycordes reports. pic.twitter.com/MkN4XhbUB0
— CBS News (@CBSNews) March 13, 2017
UPDATE II: 4:35 PM EDT –
The Democrats weigh in:
Trump’s “insurance for everybody” promise was a lie. pic.twitter.com/JDcZ0n3l6U
— The Democrats (@TheDemocrats) March 13, 2017
UPDATE III: 4:39 PM EDT –
Reminder— Trump promised not to cut Medicaid: https://t.co/TVWTdF4SlL https://t.co/1Jns4w4Jtw
— Kyle Griffin (@kylegriffin1) March 13, 2017
UPDATE IV 4:43 PM EDT –Â
If you’re, say, for example, 64 years old (or your parents are…) look out:
According to CBO, a 64-year-old with income of $26,500 pays $1,700 for ACA coverage. Under Ryan bill: $14,600. More than half their income.
— Alec MacGillis (@AlecMacGillis) March 13, 2017
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This is a breaking news and developing story. Details may change. This story will be updated, and NCRM will likely publish follow-up stories on this news. Stay tuned and refresh for updates.
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