The uninsured rate is likely to climb over the next decade according to projections from the Congressional Budget Office (CBO).
The CBO said that it expects the rise in uninsured Americans was elevated to a higher rate when 23 million people lost benefits during the Medicaid redetermination period last year. More could lose insurance...National News
The Congressional Budget Office (CBO), which advises Congress on the budget and spending, published its most recent testimony on accountable care organizations (ACOs) and the Center for Medicare and Medicaid Innovation (CMMI).
As noted last week, the CBO found that CMMI was directly responsible for an increase in spending of $5.4...National News
The Congressional Budget Office (CBO) reviewed the effectiveness of the Center of Medicare and Medicaid Innovation's (CMMI) activities on reducing federal spending and found it increased federal spending during its first decade.
CMMI was created by the Affordable Care Act (ACA) of 2010 with the specific directive of creating pilot...National News
Negotiations between the White House, Congressional Republicans and Democrats remain at a stalemate as the deadline to raise the country's debt ceiling approaches. House Speaker Kevin McCarthy is holding fast to his party's demand for Medicaid work requirements.
Under the Republican plan, according to NBC News, Medicaid recipients...
March 23 was the 12th anniversary of the Affordable Care Act's (ACA) . The U.S. Department of Health and Human Services (HHS) published a report to highlight the ways in which the ACA is "the strongest it has ever been" due to the American Rescue Plan (ARP) and other efforts by the Biden administration to strengthen Americans' access to...
Last Friday, the House of Representatives passed the Build Back Better Act, the massive social and climate spending bill that carries the promises of the Biden presidential platform. After several months of negotiations between democrats and revisions in the plan for how the bill would get passed, the bill is considerably smaller and...Arizona News
24.4 million people enrolled in Medicare Advantage plans as of February, a 9.4 % jump in enrollment from this same time last year. While annual enrollment is up and beneficiaries are choosing from a variety of plans, this exodus to the private side of Medicare could spell difficulties for government spending and for individual recipients...National News
The plan would have detoured drug rebates from insurers and PBMs to Medicare beneficiaries at the pharmacy counter, but after the Congressional Budget Office predicted it would increase Medicare spending by around $177 billion over a decade and could lead to higher premiums, the administration scrapped the plan.
Americans learned of...Arizona News
A report from the nonpartisan Congressional Budget Office is a high-level look at the pros and cons of changing the current mix of public and private health care financing to a system paid for entirely by the government. It did not include cost estimates of Sen. Bernie Sanders’ Medicare for All legislation or its House counterpart, but...National News
The report issued Tuesday, September 11, estimates the cost of the legislation, "Save American Workers Act," at $25.9 billion if the federal government retroactively suspends four years worth of penalties (2015-2019) for the employer mandate and $18.6 billion if the employer mandate only applies to employees working 40 hours rather than...National News
The bipartisan plan is co-sponsored by four Republicans, Lamar Alexander and Susan Collins in the Senate and Greg Walden and Ryan Costello in the House.
It hopes to stabilize the ACA , includes three years of funding for reinsurance and cost-sharing reduction payment as well as authorization for new "catastrophic" copper...National News
The new estimate was included in a letter the budget office sent Friday to Sen. Orrin Hatch, R-UT.
An Associated Press story in The Star Tribune reports the CBO now says a Senate bill adding five years of financing to the program would cost $800 million. Previously, the analysts estimated it would cost $8.2 billion.
The lower cost...National News
The Republican tax plans are looking a lot more like health-care bills, with provisions that may affect coverage and increase medical expenses for millions of families.
Bloomberg reports the House version of the tax bill would end a deduction that allows families of disabled children and elderly people to write off large medical...National News
Conservatives have been clamoring to use the tax plan to nix ACA’s individual mandate after Republicans failed to repeal and replace the Affordable Care Act.
The Hill reports Republicans have a narrow path to get their tax plan through the Senate. With a 52-seat majority they can only afford to lose two GOP senators and still let...
The subsidies are integral to insurers continuing to participate on the individual marketplaces.
President Trump is holding out the cessation of the CSR subsidies as a way to "Repeal & Replace" by causing the ACA to "implode".
The subsidies reimburse insurers for reducing deductibles, co-payments and other out-of-pocket costs...
The absence of even one Republican senator imperils passage.
Saturday the Majority Leader announced the Senate's Better Care Reconciliation Act will not be brought to the floor for consideration as previously announced. McConnell noted that Senator John McCain (R-AZ) had significant surgery and will be recovering in Arizona for an...
