Congressional Budget Office

CBO: Federal healthcare spending could double by 2022

February 01, 2012

Federal spending on Medicare and Medicaid is expected to double by 2022, reaching $1.8 trillion or 7% of the entire economy, according to a new Congressional Budget Office report.
 

Increasing Medicare eligibility age would save money, increase Medicaid spending, budget office says

January 12, 2012

Increasing the Medicare age to 67 would save the federal government $148 billion between 2012 and 2021, but the savings would be offset by an increase in Medicaid spending, the Congressional Budget Office said Tuesday.
 

States argue against Medicaid expansion in healthcare reform law challenges

January 12, 2012

Twenty-six states filed a brief Tuesday encouraging the U.S. Supreme Court to strike down a provision of the healthcare reform law that calls for a major expansion of Medicaid.
 

Legislation repealing CLASS would have no budgetary impact, CBO says

November 02, 2011

Cancellation of the CLASS Act means there will be billions less going toward reducing the nation's net deficit, the Congressional Budget Office said Monday. The Community Living and Assistance Services and Support (CLASS) program was a part of healthcare reform law, the total of which the CBO estimated would reduce the federal deficit by around $143 billion in a decade. Of that, $81 billion was coming from premium payments for long-term care insurance through CLASS.
 

Automatic Medicare cuts would save government $123 billion, report says

September 14, 2011

If the congressional "super committee" fails to reach its deficit reduction goal, automatic Medicare cuts would save the government more than $120 billion over the next decade, according to a report.
 

CLASS implementation likely delayed by one year

August 25, 2011

A Congressional Budget Office update issued Wednesday indicates there will be a one-year delay in the implementation of the Affordable Care Act's long-term care insurance plan.
 

Feds hint that looming ACO regs could take more expansive approach

March 31, 2011

Federal officials are hinting that accountable care organization testing models may have a broader scope than previous reports have indicated. The imminent regulations could be out within a week.
 

Most of the $115 billion in newly reported discretionary spending represents existing healthcare reform spending, CBO clarifies

May 17, 2010

The Congressional Budget Office on Wednesday released clarification of its analysis showing that $115 billion in discretionary spending will result from the healthcare reform law. Most of that spending is for existing programs, according to the CBO.
 

CBO: Discretionary spending in health reform law could reach $115 billion over a decade

May 13, 2010

Discretionary spending resulting from the recently passed healthcare reform law could total $115 billion over 10 years, according to a new analysis from the Congressional Budget Office. That includes around $100 million for long-term care and elder abuse programs.
 

The gloves to come off in reform debate

October 29, 2009

Now that House Democrats, the dominant party in that chamber, have issued their proposal for healthcare reform, the non-partisan Congressional Budget Office will put a price tag on it. The full House then could vote on the measure by the end of next week.
 

CBO: market-basket freeze for skilled nursing could add up to billions in savings

July 10, 2009

The federal government can expect to save roughly $26 billion in Medicare costs over 10 years in part by freezing the market-basket update for skilled nursing facilities in fiscal year 2010, according to a new analysis from the Congressional Budget Office.
 

CBO: Disability insurance program proposal would save $59 billion over 10 years

June 29, 2009

The Congressional Budget Office has estimated that a legislative proposal for a disability insurance program would save $59 billion between 2010 and 2019. Also, if implemented, this program would lead to savings of $2.5 billion for the Medicaid program over that period, the public analysis agency said late last week.
 
 
 
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