The following is a compilation of exerpts from the CBO’s newly released cost estimate (CBO)
- between 2017-2026, reduction of federal defecit by $337 billion, reduction of outlays by $1.2 trillion
- in 2018, potentially 14 million would forgo coverage, rising to 52 million by 2026
- “average premiums for single policyholders in the nongroup market would be 15 percent to 20 percent higher than under current law, mainly because the individual mandate penalties would be eliminated, inducing fewer comparatively healthy people to sign up.”