The Congressional Budget Office Joint Committee on Taxation staff say the Republican plan to stabilize the Affordable Care Act exchanges would tack on $19 billion to the national deficit by 2028.
Sens. Lamar Alexander and Susan Collins, and Reps. Greg Walden and Ryan Costello co-sponsored the legislation.
According to the CBO analysis, the price estimate is based mostly on reinsurance subsidization costs or invisible high-risk pool programs in the nongroup market.
Premium reductions in those plans, according to a Fierce Healthcare report, would only be extended to Americans with income higher than 400 percent of the federal poverty level.
To read the full report on Fierce Healthcare, click here.