Today, the Congressional Budget Office (CBO) confirmed that the AHCA will result in fewer people insured, market instability, and higher out-of-pocket costs for millions of Americans. The nonpartisan analysis from the CBO estimates that the AHCA would cause 23 million more Americans to lose health care coverage by 2026, including an estimated 6 million young adults.
An estimated 31 million young adults have a preexisting condition and would be left vulnerable to much higher premiums or no insurance at all. The CBO anticipates that the MacArthur Amendment alone will result in significant market instability: in states that pursue a “MacArthur waiver,” individuals with preexisting conditions could face exorbitant premiums and out-of-pocket costs and would ultimately be uninsured. In addition, out-of-pocket spending for key services for young adults, such as maternity coverage, mental health care, and substance abuse services could increase by thousands of dollars per year — leaving financially-strapped young people with crippling medical debt.
Jen Mishory, Executive Director of Young Invincibles, released the following statement in response to today’s newest CBO analysis:
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FOR IMMEDIATE RELEASE
Contact: Sarah Schultz, [email protected], 202.734.6510