A Health and Human Services analysis of Sen. Ted Cruz’s proposal to let insurers sell plans that don’t comply with Obamacare regulations appears to back up the Texas Republican’s claim that the idea would lower premiums across the individual insurance market. The analysis purports that the amendment offered to the Senate’s Obamacare repeal bill would slash premiums for certain Obamacare enrollees by 2020, and save even more for consumers who opt for cheaper, no frills products. HHS also found the amendment would boost enrollment by as much as as 16.1 million people by 2024, more than the nearly 14 million topline projected under Obamacare.
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