Here's the CBO Score on Obamacare Repeal

Posted: Jul 19, 2017 5:50 PM
Here's the CBO Score on Obamacare Repeal

About 32 million fewer people would have health insurance in 2026 if Obamacare is repealed and not replaced, the Congressional Budget Office announced on Wednesday evening. Additionally, premiums would double and 75 percent of the population would live in an area that does not have a single insurer that is on the individual market.

Per the CBO report, after Medicaid expansion and subsidies for insurance plans are eliminated in 2020, 27 million people would be left uninsured. This number would then rise to 32 million in 2026. In 2018, if Obamacare were repealed and not replaced, premiums would increase by about 25 percent, and 10 percent of people would be living in an area with no private insurer. 

On Twitter, many were quick to point out that the lack of insurers in individual markets due to the repeal of Obamacare could have the unintended consequence of leading to a single-payer system.