FOR IMMEDIATE RELEASE:
June 26, 2017
Contacts: Sarah Schultz, sarah.schultz@younginvincibles.org, 202-734-6510; Allie Aguilera, allie.aguilera@younginvincibles.org, 202-734-6529

CBO: Senate Repeal Plan Bad for Millennials

Jen Mishory, Executive Director of Young Invincibles, released the following statement following the release of the Congressional Budget Office’s score of the Senate repeal plan:

“The Senate health care repeal plan is an abomination. It would increase the number of uninsured by 22 million in the next decade, including millions of young people. This bill would hit low-income young adults especially hard, causing their uninsurance rate to approximately double. It would increase net premium costs for the typical young person currently on the individual market by about 30 percent, gut Medicaid, and reduce the quality of coverage for all. Particularly alarming for our cash-strapped generation, many young marketplace shoppers would see their deductibles go up by thousands of dollars, with the most low-income seeing the greatest increase in out-of-pocket costs. The Senate plan is broken — it takes from the most vulnerable in our society to pay for tax cuts for wealthy investors and corporations. No minor tweaks can fix it.”