Healthcare

CBO: 15 Million Lose Coverage in 2018 Under the Senate GOP’s Bill

Written by SK Ashby

The Congressional Budget Office (CBO) has released their score of the Senate GOP's deathcare bill.

The number that's going to grab all the headlines will be "22 million more uninsured by 2026," but there's another number that's even more impressive to me.

WASHINGTON — The Senate bill to repeal the Affordable Care Act would increase the number of people without health insurance by 22 million by 2026, a figure that is only slightly lower than the 23 million more uninsured that the House version would create, the nonpartisan Congressional Budget Office said Monday.

Next year, 15 million more people would be uninsured compared with current law, the budget office said.

15 million people losing coverage next year alone is an even sharper decline than estimated under the House GOP's bill and I can hardly imagine the economic shock of that. It's not as if that will occur in a vacuum without effecting employment in the healthcare industry and the wider economy.

You can read the full CBO score here.