The Impact of the House ACA Repeal Bill on Enrollees’ Costs

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The Impact of the House ACA Repeal Bill on Enrollees’ Costs

Post by Brian on Sat Mar 18, 2017 4:22 pm

Estimates by State and Over Time
by David Cutler, Topher Spiro, and Emily Gee Posted on March 16, 2017, 12:07 pm
from Center For American Progress

After eight years, the congressional majority has finally released its health care legislation. Their bill, the American Health Care Act, can now be compared side-by-side with the Affordable Care Act, or ACA, based on how it affects enrollees’ pocketbooks. It does not measure up well; the House bill would increase both total consumer costs and the risk of a financially devastating event.

The congressional majority argues that by cutting back insurance standards, their bill would lower premiums. The Congressional Budget Office, or CBO, estimates that the bill would increase average premiums by 15 to 20 percent in 2018 and 2019, but that it would slightly lower average premiums by 10 percent by 2026.1 The bill would lower average premiums over the long run because older, costlier individuals who can no longer afford plans would drop out of the pool. Additionally, plans would cover a lower share of costs.

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