Tag: cbo

AHIP Testimony Highlights ACA Impact on MA Beneficiaries and Value of MA Plans

AHIP submitted testimony today to the House Ways & Means Committee showcasing the the success of MA plans in helping ensure beneficiaries receive high value, high quality care for beneficiaries as demonstrated by a review of government data as well as the ACA’s impact on MA beneficiaries. Continue reading

Posted in: ACA, AHIP, AHIP Testimony

Sales Tax on Small Business Health Insurance

One of the goals of health care reform was to make coverage more affordable, but the more than $70 billion health insurance premium tax will have the opposite effect by increasing costs for families and employers across the country. Continue reading

Posted in: Fact Check

CBO Director: Reform Law Doesn’t Lessen Pressure of Rising Health Care Costs

Last week, CBO Director Doug Elmendorf gave this presentation at the Institute of Medicine. About rising health care costs, Director Elmendorf had this to say: “Rising health costs will put tremendous pressure on the federal budget during the next few decades and beyond. In CBO’s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure.”

Posted in: ACA, Health Care Costs, In Case You Missed It, What They Are Saying

AHIP Statement on CBO Report

AHIP’s Robert Zirkelbach issued the following statement on today’s CBO report: “This is the latest report to confirm that the current health care reform proposal fails to bend the health care cost curve and will result in double-digit premium increases for millions of Americans.” Highlights from the CBO report: Failure to bend the cost curve: The CBO analysis confirms that the current health care reform proposal does not bend the cost curve – a key goal of health care reform. [...]

Posted in: AHIP, AHIP Press Releases, Health Care Costs

CBO Analysis Says Repealing McCarran-Ferguson Would Not Have Significant Effect on Premiums

“Politico, today reported on a report by the Congressional Budget Office related to the McCarran-Ferguson Act.” “Democrats pushing to roll back the insurance industry’s anti-trust exemption suffered a blow from a new Congressional Budget Office analysis that says the move “would have no significant effect on the premiums that private insurers would charge for health insurance.” The CBO analyzed the bill passed last week by the House Judiciary Committee.” “The CBO analysis undercuts Democrats’ main argument for revoking the exemption, [...]

Posted in: Health Care Costs, In Case You Missed It, Issue Alert

CBO Director Doug Elmendorf on Level-playing Field and Government-run Plans

Doug Elmendorf, Director of the Congressional Budget Office – “More generally in health care reform, when people talk about public plans competing with private plans, I think designing a system in which a public plan could compete on a level playing field is extremely difficult.”[i] [i] Testimony to the House Financial Services Committee, Doug Elmendorf, March 10, 2009.

Posted in: In Case You Missed It, Issue Alert

CBO Director Doug Elmendorf on New Taxes and Higher Premiums

Watch below what CBO Director Doug Elmendorf says when asked whether new taxes would lead to higher premiums:

Posted in: Health Care Costs, Issue Alert, Must See TV

Policy Development: CBO Releases Analysis of Senate Finance Mark

The Congressional Budget Office just released its analysis of the Senate Finance Committee mark. Click here to read the full analysis. Below are some key excerpts: According to CBO and JCT’s assessment, enacting the Chairman’s proposal would result in a net reduction in federal budget deficits of $49 billion over the 2010-2019 period. Under the proposal, the share of legal nonelderly residents with insurance coverage would rise from about 83 percent currently to about 94 percent.

Posted in: In Case You Missed It, On The Hill

CBO Director Doug Elmendorf on the Government-run Plan

From The New York Times: “The government-run health plan is among the components of the health care legislation that Mr. Elmendorf suggested did not have sufficient muscle to slow the federal spending on health care, which he called ‘unsustainable.’” (The New York Times, July 17, 2009)

Posted in: In Case You Missed It, Issue Alert

CBO Releases New Report Examining Health Care Reform Effects on Labor Markets

The Congressional Budget Office (CBO) released a report today examining how changes to the health care system could affect labor markets. For the full report, click here.

Posted in: On The Hill