Congressional Budget Office Updates Health Insurance

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Congressional Budget Office Updates Health Insurance

Category : Blog , sccm






An updated Congressional Budget Office report on federal subsidies for health insurance coverage is available. The report considers the elimination of individual shared responsibility payments and cost-sharing reduction payments. It projects that net federal subsidies for insured people under 65 will total approximately $685 billion in 2018 and reach $1.2 trillion in 2028. The total cost of federal subsidies is projected to be offset to a small extent, $313 billion over the 2019-2028 period, by taxes and penalties. See the report here: https://bit.ly/2IIPtEL


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