CBO releases new score for ObamaCare repeal bill [View all]

[mitty14u2]

The Congressional Budget Office (CBO) on Thursday released a new score for a revised plan to repeal and replace ObamaCare that Republican leaders are struggling to pass in the House.

The CBO found that this version of the healthcare plan contains significantly less deficit reduction than the original but would lead to essentially the same levels of coverage losses and premium increases.

The legislation would reduce the deficit by $150 billion over 10 years, down from $337 billion in the original legislation, the report said. The plan would still result in 24 million more people being uninsured in 2026, a finding that has been a rallying cry for Democrats.

Premiums would still initially rise by 15 percent to 20 percent before eventually becoming 10 percent lower, the CBO said.

http://thehill.com/policy/healthcare/325535-cbo-releases-new-score-for-obamacare-repeal-bill