MAGA Murder Bill: CBO: "8.2M w...
MAGA Murder Bill: CBO: "8.2M will lose ACA coverage!" Wakely: "Hold our beer."
A few weeks ago, the Congressional Budget Office (CBO) issued their official projection of just how much damage the combined effect of the House GOP's budget reconciliation bill (officially the "One Big Beautiful Bill Act") would cause to healthcare coverage in the U.S.: Over 16 million Americans would lose coverage, over half of whom (~8.2 million) are currently enrolled in ACA exchange plans. If this happens, it would mean the ACA exchange market would drop by more than 1/3 from the ~24.2 million currently enrolled (myself & my own family included). However, I've repeatedly stated that even this is likely a low estimate--the remaining ~16 million exchange enrollees would still be hit with MASSIVE (and in some cases eye-poppingly huge) premium hikes which would force them to drop to far worse plans (meaning much higher deductibles & co-pays; worse provider networks and so on). There's also the ripple effect of insurance carriers either shrinking their footprint or dropping out of the exchange market altogether, as Aetna/CVS recently announced.