Medical Billing Blog

CBO Losing Track of ACA Fiscal Impact

Posted by Scott Shatzman on Wed, Jul, 09, 2014 @ 07:07 AM

In its latest April 2014 report on the Affordable Care Act (ACA), the Congressional Budget Office (CBO) announced that it is no longer possible to project the overall fiscal impact of the health care law.

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CBO Projects Health Law Subsidies Will Cost Less than Expected

Posted by Scott Shatzman on Tue, Apr, 15, 2014 @ 07:04 AM

Health-insurance premiums for plans sold in the Affordable Care Act's exchanges will be lower than previously expected for the next few years, according to a report by the Congressional Budget Office released Monday. The Congressional Budget Office predicts that health insurance subsidies under the Affordable Care Act will total a little more than $1 trillion over the next 10 years, instead of almost $1.2 trillion initially estimated. CBO said the 8 percent cut results largely from tighter cost controls by insurance companies offering plans on health care exchanges. Generally speaking, the plans offered on the exchanges pay health care providers less and have tighter management of patients’ treatment options, and that means lower premiums and taxpayer subsidies.

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