Rep. Eshoo Issues Statement on CBO Evaluation of GOP Bill to Replace Affordable Care Act
Targeted News Service (Press Releases)
WASHINGTON, March 13 -- Rep. Anna G. Eshoo, D-Calif., issued the following statement in response to the Congressional Budget Office's evaluation of the House Republicans' bill to repeal the Affordable Care Act:
"During the markup of the American Health Care Act at the Energy and Commerce Committee, the Republicans emphasized that their legislation would cost less and cover more people than the Affordable Care Act (ACA).
"Today, the nonpartisan Congressional Budget Office (CBO) put out the facts. The repeal plan will reduce benefits and increase costs. Period. If Republicans have their way in passing this legislation, 14 million people will lose their coverage in 2018, and 24 million will lose their coverage in 2026, bringing the uninsured rate to a staggering 52 million.
"For those who actually get to keep their health insurance, they will pay on average of 15% to 20% more than their current premiums for less coverage. The most vulnerable Americans in particular will see an immeasurable increase in out-of-pocket costs.
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