Federal Healthcare

18 million would lose insurance in first year of Obamacare repeal without replacement, CBO report says

The Washington Post: At least 18 million people would lose health insurance in the first year if Republicans move ahead with plans to repeal major portions of the Affordable Care Act without a replacement plan, estimates a report from the nonpartisan Congressional Budget Office.

The number of people without insurance would grow to about 32 million within the first decade if congressional Republicans follow a 2015 plan to repeal the health-care law without an alternative, the new report says. It also estimates that health insurance premiums for people buying individual non-group coverage would double within a decade, further complicating GOP promises that people will not lose coverage under their plan.

The report comes as Republican leaders in Washington are working furiously to tamp down concerns within their ranks that a speedy push to repeal major portions of the law known as Obamacare could create chaos in the insurance markets and provoke a backlash from voters.

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