Modern Healthcare June 13, 2017
The CMS Office of the Actuary on Tuesday estimated that 13 million people will lose health insurance coverage by 2026 under the House-passed American Health Care Act — 10 million less than the Congressional Budget Office’s prediction.
But the actuary estimated that average net premiums paid by consumers in the individual insurance market in 2026 would be about 5% higher than under current law, and that average cost-sharing amounts would be about 61% higher.
The CMS actuary’s report projected that the AHCA, narrowly passed by House Republicans last month with no Democratic votes, would reduce federal Medicaid spending by $383.2 billion from 2017 through 2026. The spending reductions would stem mainly from repealing the Affordable Care Act’s Medicaid expansion to...