Tag: JCT

ACA

CBO: $194 Billion Deficit Increase If Key ACA Subsidies End In 2017

The Affordable Care Act (ACA) requires insurers to offer plans with reduced deductibles, copayments, and other means of cost sharing to certain people, depending on their income, who pur­chase plans through the ACA marketplaces. In turn, insurers receive federal pay­ments arranged by the Secretary of Health and Human Services to cover the costs they incur […]

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CBO: $194 billion deficit increase if key ACA subsidies end in 2017

by Jennifer Carson The Affordable Care Act (ACA) requires insurers to offer plans with reduced deductibles, copayments, and other means of cost-sharing to certain people, depending on their income, who purchase plans through the ACA marketplaces. In turn, insurers receive federal payments arranged by the Secretary of Health and Human Services to cover the costs […]

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trumpcare

CBO Releases Analysis of Senate Healthcare Bill

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Senate’s Better Care Reconciliation Act of 2017.

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ACA Repeal Could Lead to 32 Million More Uninsured Americans by 2026, CBO Reports

In late 2015 and early 2016, the Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) estimated the budgetary effects of H.R. 3762, the Restoring Americans’ Healthcare Freedom Reconciliation Act of 2015, which would repeal portions of the Affordable Care Act (ACA)—eliminating, in two steps, the law’s mandate penalties and […]

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CBO Says Health Reform Delays Will Cost Feds $12 Billion; 1M Fewer People to Have Coverage

The government’s costs to implement health care reform is expected to rise by $12 billion as a result of the recently announced delay in the employer mandate and information reporting requirements, according to a July 30 letter by the Congressional Budget Office and the Joint Committee on Taxation. In addition, the letter to the House […]

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