News Briefs: CBO Says 10.9M Would Lose Coverage if ‘Big Beautiful Bill’ Passes
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Jun 06, 2025
The Congressional Budget Office on June 3 estimated that 10.9 million people enrolled in the individual market and Medicaid would lose health insurance coverage through 2034 if the version of the “One Big Beautiful Bill Act” advanced by the House becomes law. The CBO also projects the bill would increase the federal deficit by nearly $2.4 trillion over the next decade. AHIP noted in a June 4 statement that CBO also estimates 4.2 million people in Affordable Care Act exchange plans would lose coverage if the enhanced premium tax credits are allowed to expire at the end of the year. “This combination will destabilize the individual insurance market, resulting in diminished competition, fewer choices and higher premiums — all at a time when millions of people no longer covered by Medicaid will need affordable sources of stable coverage,” AHIP said.
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