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Obamacare
Oct 12th 2012, 06:16

U.S. Vice President Joe Biden, right, and Republican vice presidential candidate Paul Ryan depart the stage following their debate on Thursday, October 11.U.S. Vice President Joe Biden, right, and Republican vice presidential candidate Paul Ryan depart the stage following their debate on Thursday, October 11.
President Barack Obama watches the vice presidential debate aboard Air Force One with staff while heading home from Florida on Thursday.President Barack Obama watches the vice presidential debate aboard Air Force One with staff while heading home from Florida on Thursday.
Vice President Joe Biden and U.S. Rep. Paul Ryan walk off stage after the vice presidential debate.Vice President Joe Biden and U.S. Rep. Paul Ryan walk off stage after the vice presidential debate.
Vice presidential candidate Ryan greets family following his debate with Vice President Biden.Vice presidential candidate Ryan greets family following his debate with Vice President Biden.
Vice President Joe Biden and Rep. Paul Ryan mingle with their families after the debate.Vice President Joe Biden and Rep. Paul Ryan mingle with their families after the debate.
Vice President Biden smiles during the debate.Vice President Biden smiles during the debate.
Rep. Paul Ryan listens closely during the debate.Rep. Paul Ryan listens closely during the debate.
Vice President Biden and vice presidential candidate U.S. Rep. Ryan go head to head in the first and only vice presidential debate.Vice President Biden and vice presidential candidate U.S. Rep. Ryan go head to head in the first and only vice presidential debate.
Vice President Biden reacts to comments made during the debate.Vice President Biden reacts to comments made during the debate.
Vice presidential candidate Ryan lays out his views.Vice presidential candidate Ryan lays out his views.
Vice President Biden responds to points made.Vice President Biden responds to points made.
Vice presidential candidate Paul Ryan engages the moderator during the vice presidential debate.Vice presidential candidate Paul Ryan engages the moderator during the vice presidential debate.
Vice President Biden gestures to accentuate his point.
Vice President Biden gestures to accentuate his point.
U.S. Vice President Joe Biden, left, engages in the first and only vice presidential debate on Thursday, October 11.U.S. Vice President Joe Biden, left, engages in the first and only vice presidential debate on Thursday, October 11.
Vice President Biden reacts during the debate.Vice President Biden reacts during the debate.
Vice President Biden and vice presidential candidate Paul Ryan face off.Vice President Biden and vice presidential candidate Paul Ryan face off.
Vice President Biden greets Republican vice presidential candidate Paul Ryan as they take the stage.Vice President Biden greets Republican vice presidential candidate Paul Ryan as they take the stage.
Vice President Joe Biden speaks during the vice presidential debate as moderator Martha Raddatz looks on.Vice President Joe Biden speaks during the vice presidential debate as moderator Martha Raddatz looks on.
Vice President Biden, left, and Republican vice presidential candidate Ryan, right, participate in the debate.Vice President Biden, left, and Republican vice presidential candidate Ryan, right, participate in the debate.
Ryan speaks during the debate.Ryan speaks during the debate.
Biden presents his views on Thursday.Biden presents his views on Thursday.
Ryan awaits his turn to speak.Ryan awaits his turn to speak.
Vice President Joe Biden, left, shakes hands with Republican vice presidential candidate Paul Ryan before the vice presidential debate.Vice President Joe Biden, left, shakes hands with Republican vice presidential candidate Paul Ryan before the vice presidential debate.
Janna Ryan, wife of Paul Ryan, waves to the crowd.Janna Ryan, wife of Paul Ryan, waves to the crowd.
Dr. Jill Biden, wife of Joe Biden, greets the crowd.Dr. Jill Biden, wife of Joe Biden, greets the crowd.
An audience member holds a debate program.An audience member holds a debate program.
Debate moderator Martha Raddatz speaks to the crowd prior to the start of the vice presidential Debate.Debate moderator Martha Raddatz speaks to the crowd prior to the start of the vice presidential Debate.
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  • Ryan says 20 million Americans will lose their health coverage
  • A government analysis found a sharp decline "unlikely"
  • Seniors who leave Medicare Advantage plans would continue coverage under traditional Medicare

(CNN) -- The Affordable Care Act emerged as an issue during Thursday night's debate between Vice President Joe Biden and Rep. Paul Ryan, R-Wis.

The claim: "Look at all the string of broken promises: ' If you like your health care plan, you can keep it,' " Ryan said, repeating President Barack Obama's oft-stated vow. "Try telling that to the 20 million people who are projected to lose their health insurance if Obamacare goes through or the 7.4 million seniors who are going to lose it." The Facts:

Ryan's claim that 20 million Americans will lose their health care under the Affordable Care Act refers to a government analysis in March. The Congressional Budget Office and the Joint Committee on Taxation analyzed four scenarios and found a range of possibilities -- from Romney's figure of 20 million losing coverage due to Obamacare, to a net increase of 3 million gaining coverage.

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They concluded, "In CBO and JCT's judgment, a sharp decline in employment-based health insurance as a result of the ACA is unlikely, and, if it occurred, would not dramatically increase the cost of the ACA."

The 7.4 million figure refers to the elderly who would no longer stay in Medicare Advantage -- private plans that were intended to inject competition into Medicare, but wound up costing more. As a result, the Obama administration has moved to cut them.

The Centers for Medicare and Medicaid Services projected in a 2010 paper ("Estimated Financial Effects of the Patient Protection and Affordable Care Act") that enrollment in the plans in 2017, when the Medicare Advantage cuts are to be fully phased in, will be about half (7.4 million) of what it would have been absent Obamacare.

Best zingers from VP debate

"To say these folks would lose insurance is just not true," according to Prof. Uwe Reinhardt, a health economist at Princeton University. "Any elderly person losing Medicare Advantage, if any, would automatically be covered by traditional Medicare," he said in a telephone interview.

And any people losing employment-based insurance would have individually purchased insurance, bought through an exchange, probably with partial support through federal subsidies, he said.

Conclusion: It is unlikely that 20 million Americans will lose their health insurance under the Affordable Care Act and it is not true that 7.4 million seniors will lose their coverage.

CNN's Tom Watkins and Caleb Hellerman contributed to this report

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