Thirty-two million fewer people would have health coverage, health insurance premiums would double and the insurance market would destabilize over the next 10 years under legislation the Senate may take up next week, according to a report the Congressional Budget Office published Wednesday. Instead, McConnell said he plans to bring up legislation bluntly entitled the Obamacare Repeal Reconciliation Act, which is based on a bill Congress passed in 2015 and that President Barack Obama vetoed last year. Both the House-passed American Health Care Act and the Better Care Reconciliation Act sought to erect new health insurance systems and new, less generous forms of financial assistance as well as eliminate many of the Affordable Care Act’s regulations and consumer protections. The result of those policies, the Congressional Budget Office projected in its report Wednesday, would be vastly more uninsured people and an unsustainable health insurance market. But the damage to the health care system would go deeper.

Source: Huffington Post July 19, 2017 21:58 UTC