CBO: Revised Senate Reform Bill Will Cost $23B More Than Previous Plan

By 2019, CBO estimates, the number of nonelderly people who are uninsured would be reduced by about 31 million—leaving about 23 million nonelderly residents uninsured. A third of that number would be unauthorized immigrants.

Approximately 26 million people would purchase their own coverage through the new insurance exchanges, CBO said, and roughly 15 million more enrollees in Medicaid and CHIP than is projected under current law. The number of people obtaining coverage through their employer would be about 4 million lower in 2019 under the legislation.

In a separate addendum and correction completed Sunday, CBO said that it expected Medicare spending under the bill to increase at an average annual rate of roughly 6% during the next two decades—well below the roughly 8% annual growth rate of the past two decades.