May 25, 2017 8:32 AM

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US: 23 million people to lose health insurance over next decade under new healthcare plan

In US, about 23 million people would lose health insurance over the next decade under the revised Republican healthcare plan, repealing the Affordable Care Act.<br/><br/>Congressional Budget Office (CBO),a non-partisan agency, said in its analysis that 14 million people would be uninsured in 2018 alone.<br/><br/>It says more consumers would have pared down coverage and many more would face higher deductibles under the bill, which was narrowly approved 217-213 on May 4.<br/><br/>The reports also projected the bill would increase premiums by an average of 15 to 20 percent over a two-year period, but push them 10 percent lower than they would otherwise be by 2026.

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