Economist Larry Summers Predicts 10,000 Will Die Per Year Due to Tax Reform
Summers’ comments focused on the individual mandate, a key component of the Obamacare universal health care coverage plan enacted in 2010
Economist Larry Summers predicts 10,000 will die per year due to tax reform (CNBC)
About 10,000 Americans will die every year from lack of health coverage if the tax reform bill goes through as proposed, Larry Summers, the former Treasury secretary and White House economic advisor under Barack Obama, said Monday.
Citing studies on what happens to people who go from being insured to uninsured, Summers said the estimate is likely conservative.
"I think this bill is very dangerous," he said on CNBC's "Squawk Box" program. "When people lose health insurance, they're less likely to get preventive care, they're more likely to defer health care they need, and ultimately they're more likely to die."
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