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CBO

Health Care Financing Reform: (110) CBO and JCT Reports on Reconciliation Bill, H.R. 4872

March 20, 2010

     Here is a summary of the revenue effects of H.R. 4872, the Reconciliation Act of 2010, based upon an examination of the reports released Thursday by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT).

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Health Care Financing Reform: (90) How Important Is the Public Option – Part 2 – CBO Estimates

December 17, 2009

      Yesterday's post discussed the potential advantages of the public option in making health care more affordable.  However, in its evaluation of the House and Senate health care reform bills the CBO didn't think that the public option would have much of an impact either on the federal deficit or on overall expenditures for health [...]

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Health Care Financing Reform: (87) New CMS Report Shows Higher Expenditures for Health Care Because More People Will Be Enrolled on the Exchange

December 11, 2009

     Yesterday the Centers for Medicare and Medicaid Services (CMS) released this report estimating the effect of the original Senate health care bill submitted by Majority Leader Harry Reid on the federal deficit and on projected health care expenditures.  This post concerns how the new CMS report differs from the previous report prepared by the Congressional Budge [...]

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Health Care Financing Reform: (75) The Senate Bill Would Not Increase Budget Deficits in the Long-Term

December 1, 2009

     One of the principal objections that has been voiced against the Patient Protection and Affordable Care Act under consideration in the Senate is that it "front-loads" revenues and "back-loads" costs, which will lead to long-term budget deficits.  I don't believe that this is an accurate charge, but here is the evidence: judge for yourself.

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Health Care Financing Reform: (67) The Reid Bill and the CBO Estimate

November 19, 2009

     Hallelujah!  Senate Majority Leader Reid (D-NV) has released the "Patient Protection and Affordable Health Care Act" – his melding of the health care reform bills that had been approved by the Senate Finance Committee and the Senate HELP Committee.  In addition, the Congressional Budget Office has released its estimate of the effect of the [...]

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What's Bad for General Motors is Bad for the U.S.A. – Our Aging Population of Retirees

November 14, 2009

     According to a recent summary from the Congressional Budget Office, because our population is becoming older and sicker spending on Social Security, Medicare, and Medicaid is set to explode and the resulting mountain of debt will overwhelm us.  Here are the depressing statistics.

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Health Care Financing Reform: (55) CBO Estimate for H.R. 3962

November 3, 2009

     According to a report by the Congressional Budget Office, H.R. 3962, the bill that Speaker Nancy Pelosi brought to the House floor last week costs $343 billion less than the bill that it replaced, H.R. 3200.  How was this accomplished?

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Health Care Financing Reform: (43) CBO Estimate on Savings from Tort Reform

October 22, 2009

     Earlier this month the Congressional Budget Office released a study estimating that the enactment of federal tort reform legislation would lower the cost of medical care in the United States by one-half of one percent.  That report is described below.

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Health Care Financing Reform: (36) Baucus Bill Passes Finance Committee / The CBO Estimate

October 14, 2009

     Yesterday, by a vote of 14-9, the Senate Finance Committee passed the Baucus bill, the America's Healthy Future Act.  This posting discusses the political line-up behind the bill and the CBO estimate regarding the cost of the bill to the federal government.

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Health Care Financing Reform: (35) AHIP Reports on Health Insurance Costs

October 13, 2009

     In 2008 America's Health Insurance Plans (AHIP), the industry association for private health insurance companies, issued a report on the causes of rising health care costs and confirming that the cost of health insurance has been increasing and is expected to continue to increase at a rate about double the cost of inflation.  On [...]

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