Trump healthcare plan ‘will strip insurance from 14 million’

An estimated 14 million people would lose insurance coverage in 2018 under the new Republican healthcare plan, according to a budget analysis. The long-awaited Republican plan was assessed by the Congressional Budget Office (CBO), a nonpartisan group of budget analysts and economists. The CBO said the added number uninsured would rise to 24 million by 2026. The bill would reduce the federal deficits by $337bn (£275bn) over the 10-year period, the report found. Those savings could help House Republicans sell the new legislation – known as the American Health Care Act (AHCA) – to some conservatives who remain sceptical about costs. President Donald Trump has backed the plan, which would replace former President Barack Obama’s signature healthcare bill, the Affordable Care Act, known as Obamacare. The CBO, along with the Joint Committee on Taxation, also found that five million fewer people would be covered under Medicaid, which covers low-income people, by 2018.  An estimated 14 million fewer people would enroll in the Medicaid programme by 2026, it said. And the report found that by 2026, an estimated 52 million people would be uninsured, compared with the 28 million who would not be covered that year under Obamacare.

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