Republicans are using their 2015 Obamacare repeal bill as a framework for their latest effort. | Getty Congressional Budget Office: Obamacare repeal could lead to 32 million fewer insured In the first year after repeal, 18 million people would lose insurance and premiums in the non-group market would spike up to 25 percent, the report states.

A Republican bill to repeal huge parts of Obamacare would result in 32 million people losing health insurance and would double the price of insurance premiums within a decade, according to a new Congressional Budget Office report.

Republicans are using their 2015 Obamacare repeal bill as a framework for their latest effort, although they have yet to release final details on how much of Obamacare they plan to repeal and what they intend to enact as a replacement. This report is based on the 2015 repeal legislation, and does not take into account any GOP plan that would replace Obamacare.


In the first year after repeal, 18 million people would lose insurance and premiums in the non-group market would spike by 20 percent to 25 percent, according to the CBO estimate. The office cautioned that these projections are hard to make .

The new CBO report was prepared at the request of Senate Minority Leader Chuck Schumer and other Democratic leaders. It does a more in-depth analysis than what the office provided when the 2015 bill was debated. That bill was passed but President Barack Obama vetoed it.

A spokesman for Senate Majority leader Mitch McConnell, referring to the GOP promise to repeal but also replace the health law, said, "This report assumes a situation that simply doesn’t exist and that no one in Congress advocates."

"After years of devastating news about the consequences of Obamacare, I can see why Democrats would want to change the subject. But Democrats face a choice now: Do they agree with their Leader and refuse to work together on any reforms at all? Or do they agree with us that doing nothing is not an option, and work with us on a series of step-by-step reforms to prevent the scenario envisioned by the CBO report."