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Obamacare Extras Cost $553 Billion, Add Millions to Public Plans

Oct. 19, 2021, 7:54 PM

Obamacare enhancements central to Democrats’ health agenda would cost $553.2 billion and extend coverage to nearly 4 million Americans over a decade, according to a nonpartisan analysis released Tuesday.

Enrollment in Medicaid and individual health plans subsidized by the Affordable Care Act would increase by 4 million and 3.6 million respectively, according to the Congressional Budget Office. At the same time, enrollment in unsubsidized individual plans and employer-sponsored insurance—i.e., private-sector funded coverage—would decrease by 1 million and 2.8 million respectively.

The report shows how costly these provisions would be if implemented as proposed by House Democrats. It doesn’t include Democrats’ ...

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