
The CBO pointed out that the legislation would lower premiums by 56 to 59 percent for those individuals who would receive subsidies to buy insurance on the exchange created by the legislation. This will be about 17% of the marketplace. Most other Americans should get ready for a premium hike.
From The Hill:
Individual insurance premiums would increase by an average of 10 percent or more, according to an analysis of the Senate healthcare bill.
The long-awaited report by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) also concluded that subsidies provided by the legislation would make coverage cheaper for those who qualify.
The report, issued in the form of a letter to Sen. Evan Bayh (D-Ind.), will provide both Democrats and Republicans with ammunition as the Senate begins amending the healthcare bill on Monday.
"CBO and JCT estimate that the average premium per person covered (including dependents) for new nongroup policies would be about 10 percent to 13 percent higher in 2016 than the average premium for nongroup coverage in that same year under current law. About half of those enrollees would receive government subsidies that would reduce their costs well below the premiums that would be charged for such policies under current law," the report says.
















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