CBO: Premiums, uninsured up under GOP health law repeal
By ALAN FRAM, Associated Press
Published: January 17, 2017, 10:26am
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House Speaker Paul Ryan of Wis., accompanied by House Majority Leader Kevin McCarthy of California, leaves a news conference on Capitol Hill in Washington. (AP Photo/J. Scott Applewhite, File)
WASHINGTON — Premiums and the number of uninsured would soar under a Republican bill Congress passed last year scuttling President Barack Obama’s health care overhaul, lawmakers’ nonpartisan budget analyst estimated Tuesday in a report underlining the GOP’s risks in its fresh push to dismantle and replace the health law.
The Congressional Budget Office report wrote that under that 2016 repeal bill, premiums for policies bought from online marketplaces established by Obama’s law would rise up to 25 percent a year after enactment of the GOP measure.
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