This statistic displays the projected 10-year costs of Trump's health care plan (already called "Trumpcare") to "repeal and replace" Obama's Affordable Care Act health reform, according to an estimation from May 2016. It was estimated that Trump's plan would cost nearly 550 billion U.S. dollars under conventional scoring (not incorporating economic growth) over the decade.
Projected 10-year costs of Trumpcare in the Unites States as of 2016
(in billion U.S. dollars)
Characteristic
Costs/savings in billion dollars
Repeal Obamacare coverage provisions
-1,120
Repeal Obamacare tax increases
660
Repeal Obamacare Medicare savings
940
Dynamic effects from growth (excluded from conventional scores)
-220
Subtotal, repeal Obamacare
260
Allow insurance to be purchased across state lines
-10
Create deduction for individual insurance premiums
100
Allow importation of prescription drugs
-20
Require price transparency and promote health savings accounts (HSAs)*
-
Subtotal, replace Obamacare
70
Total under dynamic scoring (including growth from repealing Obamacare)
330
Subtract dynamic effects from growth (excluded from conventional scores)
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CRFB. (May 9, 2016). Projected 10-year costs of Trumpcare in the Unites States as of 2016 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/
CRFB. "Projected 10-year costs of Trumpcare in the Unites States as of 2016 (in billion U.S. dollars)." Chart. May 9, 2016. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/
CRFB. (2016). Projected 10-year costs of Trumpcare in the Unites States as of 2016 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/
CRFB. "Projected 10-year Costs of Trumpcare in The Unites States as of 2016 (in Billion U.S. Dollars)." Statista, Statista Inc., 9 May 2016, https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/
CRFB, Projected 10-year costs of Trumpcare in the Unites States as of 2016 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/ (last visited November 23, 2024)
Projected 10-year costs of Trumpcare in the Unites States as of 2016 (in billion U.S. dollars) [Graph], CRFB, May 9, 2016. [Online]. Available: https://www.statista.com/statistics/667905/projected-costs-of-trumpcare-in-us/
