Stating that numbers from the Congressional Budget Office are "even worse" than anticipated, John Iadarola, with online progressive newscaster The Young Turks, discussed today's announcement that 24 million more people would be left uninsured than under the current affordable care act. Mr. Iadarola stated that the repeal of Obamacare will be an "absolute disaster," and that it would be "difficult to exaggerate" the human cost.
The office reported that by 2026, an extra 24 million people currently covered under the Affordable Care Act, will be left without health insurance.
Going into the release of today's numbers, Iadarola stated that observers were looking for a range of between six and 15 million people, underlining the scale of the announcement. The TYT host explained that in addition to not receiving proper health care, 24 million people may find themselves on the "brink of bankruptcy" if faced with a medical emergency.
Thirty-thousand additional deaths each year
Iadarola cited research stating that 30,000 to 40,000 extra deaths may occur each year, as a result of the repeal, and offered that those estimates could possibly go up, given that such a larger-than-expected number of people expected to be left without health coverage is being reported. In just the next year, of about 20 million people who enjoyed health insurance for the first time under Obamacare, about 70 percent will lose it, under its repeal, and replacement with the new Republican plan.
The TYT host explained that, over the next 10 years, all of the rest of those new to health insurance, under Obamacare, will also lose their coverage, but the repeal is reported to go even "beyond that." Iadarola explained that fewer people will be insured than if the United States had never enacted Obamacare in the first place.
In addition to fewer Americans receiving coverage under the new legislation, over the next year, premiums are seen rising by 15 to 20 percent more than comparable Obamacare increases.
Lower premiums by 2026
By 2026, in addition to 24 million fewer people being covered by health insurance, average premiums will be about "10 percent" lower than what Americans would have seen under the Affordable Care Act, the seeming goal of the plan.
Iadarola considered that the lower premiums might sound like a good thing, but asked TYT viewers to consider that "hundreds of thousand of people will die." The new bill is also reported to reduce the deficit by $337 billion over the next 10 years. Iadarola expressed an expectation that Republicans will need to provide "damage control," in response to the numbers.
