White House chief economic adviser Gary Cohn has said that the current administration will continue to provide coverage for Americans who took out policies under the 2010 Affordable Care Act.
“We believe if you want to have coverage, we’re providing you access to coverage,” he said.
In an interview with Fox News, Cohn said Americans who have bought Obamacare insurance through Medicaid will continue to have that option – with others offered tax credits to buy insurance. Around 20 million currently enrolled in Obamacare will fall into a “middle group” under the proposed transition plan.
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A Congressional Budget Office (CBO) report is set to be released today detailing information on costs associated with the plan as well as the estimated number of recipients. The report was presented by the leader of the Republican dominated House last week.
“In the past, the CBO score has really been meaningless. They have said that many more people will be insured than are actually insured,” he said.
However, Democrats “strongly oppose” replacing Obamacare and argue that House Republicans are “hustling” the American Health Care Act through the chamber before the CBO is released, the report said.
“The American people and (congressional) members have a right to know the full impact of this legislation before any vote in committee or by the whole House,” House Minority Leader Nancy Pelosi was quoted as saying in the report.
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