The Congressional Budget Office just released their score for the American Health Care Act.
According to their report, the AHCA would reduce the federal deficit by $119 billion, result in 23 million fewer Americans being insured, and lower insurance premiums in the next 10 years.
As you might expect, the news that it will result in 23 million fewer people insured has caused panic in some circles particularly on the left and in the media. But, as my colleague Hadley Heath Manning points out in a piece at the Washington Examiner, the total number of people insured isn't the best metric to judge success:
It's worth remembering that the CBO can be wrong: The agency was about 12 million off on its projection of how many people would enroll in Obamacare's exchanges.
The CBO is likely right that fewer people will have insurance coverage under any Republican plan that repeals Obamacare. After all, while the projection about individual policies attempts to take several variables into account, much of the change due to repeal would be people choosing to go uninsured in the absence of Obamacare's penalty.
ObamaCare has been a failure that has resulted in increased premiums, spiking health care costs, and millions of people losing the insurance coverage they were told they could keep. The AHCA is an important step in the process of making health care more affordable for the American people.
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