CBO: Senate Health Bill to Raise Insurance Premiums
The U.S. Senate’s healthcare bill would raise insurance premiums by at least 10 percent by 2016 for those independently buying coverage, but subsidies would reduce the actual costs for half of that group, the Congressional Budget Office said on Monday.
The nonpartisan CBO said the bill would have a much smaller impact on those who receive coverage through employer-based plans. Employers with 50 or fewer workers could see premiums go up slightly, but costs could decline by as much as 2 percent per worker relative to current expectations, according to Reuters.
