CBO Reports Ending ACA Payments Will Add to Deficit

From the Campaign for America’s Future (http://www.ourfuture.org/):

NPR reports: “If President Trump decides to cut off payments to insurance companies called for under the Affordable Care Act, it’s going to cost him. Or, more accurately, it’s going to cost taxpayers — about $194 billion over 10 years. The cost is ‘eye-poppingly large,’ says Nicholas Bagley, a professor of health law at the University of Michigan. ‘This single policy could effectively end up costing 20 percent of the entire bill of the ACA.’” The deficit figure comes from the Congressional Budget Office, which on Tuesday released an estimate of the budget impact of ending what is known as cost-sharing reduction payments.”

Read more at http://www.npr.org/sections/health-shots/2017/08/15/543714171/cbo-predicts-rise-in-deficit-if-trump-cuts-payments-to-insurance-companies.