Repealing Health Care To Cost $230 Billion, Millions Would Pay More For Insurance

GOP learning curve to be steep.

Republicans kicked off the first day of congressional proceedings to overturn health reform with unwelcome news: a Congressional Budget Office estimate that repeal would increase the deficit by $230 billion by 2021.

The nonpartisan CBO’s preliminary analysis of the Repealing the Job-Killing Health Care Law Act, released Thursday morning, bolstered Democrats’ claims that overturning the health law would wreak havoc on the deficit. The CBO score on the Affordable Care Act has it decreasing the deficit by $143 billion over 10 years.

The analysis also finds that, under repeal, with the ACA’s subsidies abolished, fewer Americans would have health insurance and those who purchased it in the individual market would pay more for insurance.