• Safi Bello

10 million may lose health insurance coverage under GOP's Obamacare replacement plan, S&P sa

CNBC ---- Between 6 million to 10 million people would lose health insurance coverage if a Republican proposal to replace the Affordable Care Act becomes law, a new report estimates. The top end of those losses, or 10 million people, is equal to half of the 20 million or so people who have gained coverage in the past seven years under Obamacare. The sobering estimate came from S&P Global Ratings on Tuesday, less than a full day after House GOP leaders released their plan for gutting key elements of the ACA, and replacing it with new rules. S&P Global Ratings said it expected that if the plan were approved, there would be a decline in enrollment in the individual health insurance plan market of between 2 million to 4 million people. To get more in depth information click on the picture below to read the article.

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