I resent the CNN and elsewhere headline that it will cost $350B to repeal ObamaCare – ACA.  While that might be correct, it doesn’t tell the whole truth.  Here’s the paper from the Committee for a Responsible Federal Budget (CFRB) the excerpt was taken from.

Overview of the CFRB Paper  offering rough estimates for a variety of full and partial repeal options. In addition to our full repeal score, they find that:

  • Repealing just ACA’s coverage provisions would save $1.55 trillion through 2027 ($1.75 trillion on a dynamic basis).
  • Repealing ACA’s coverage and revenue provisions would save $750 billion ($950 billion on a dynamic basis) through 2027.
  • Delaying repeal of most coverage provisions but not revenue offsets or mandates would significantly reduce potential savings. A 4-year delay would reduce savings to $300 billion ($500 billion on a dynamic basis).
  • Repealing ACA would increase the number of uninsured people by 23 million.
  • Legislation to replace the ACA with other coverage provisions could be costly, likely requiring policymakers to retain the majority of ACA’s offsets.

Senate Republications OK Debt boost as part of health law repeal Sacramento Bee

 

How Repealing Portions of the Affordable Care Act Would Affect Health Insurance Coverage and Premiums Summary Congressional Budget Office 1.17.2017   * Report 4 pages pdf

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