WASHINGTON — The Congressional Budget Office estimates that the Republican bill erasing but not replacing much of President Barack Obama’s health care law would mean an additional 32 million uninsured people by 2026.
The report from Congress’ nonpartisan budget analyst says the measure would cause average premiums for people buying their own health insurance to double by 2026.
It also says that by that same year, three-fourths of Americans would live in regions without any insurers selling policies to individuals.
The report was released as Senate leaders consider a vote next week on legislation repealing Obama’s law, but not replacing it.
Senate Majority Leader Mitch McConnell says he has every expectation that Republicans will be able to begin debate on repealing the health care law next week.
McConnell made the comments to reporters after a White House lunch with President Donald Trump. McConnell said the Senate will hold a procedural vote next week on moving ahead on a straight-up repeal of Obama’s health care law.