CBO Scores Republican Health Care Plan: More Effective Less Costly Than ObamaCare

House Republican Leader John Boehner (Republican-Ohio) issued the following statement after the Congressional Budget Office (CBO) confirmed in a letter tonight that the Republican health care plan will lower health care premiums by up to 10 percent and reduce the deficit by $68 billion over 10 years without imposing tax increases on families and small businesses:

“When it comes to reforming health care, controlling skyrocketing costs is the American peoples’ top priority. Now CBO has confirmed that the Republican plan will lower health care costs for American families, and that’s good news for everyone struggling in today’s economy. The choice now could not be clearer: Speaker Pelosi’s plan raises costs. Our plan lowers them.

“Not only does the GOP plan lower health care costs, but it also increases access to quality care – including for those with pre-existing conditions – at a price our country can afford. The cost of the Speaker’s bill, now at $1.3 trillion and counting, is a debt that will be paid for by our kids and our grandkids. The American people deserve a better solution, and Republicans’ smart, fiscally-responsible plans give them exactly what they want.”

In a letter delivered tonight, CBO estimated that the GOP health care plan would reduce average private health insurance premiums per person enrolled in the United States relative to what they would be under current law.   Specifically:

• For the small group market (generally businesses with 2 to 50 employees), the GOP plan would reduce premiums in 2016 for example by up to 10 percent
• For the individual market, the GOP plan would reduce premiums in 2016 by up to eight percent.
• For the large group market, the GOP plan would reduce premiums in 2016 by up to three percent.