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CBO Score of Finance Health Care Bill

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"CBO Score of Finance Health Care Bill"

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It’s almost midnight here in Copenhagen and I’ve been a bit detached from the latest health care news, but the CBO came out with a score of the latest iteration of the Finance Committee health care bill and Igor Volsky made the following helpful summary table of what it says:


Old CBO Score Of Baucus Bill New CBO Score Of Baucus Bill
Costs Reduce deficits: $49B/10yrs
Net Cost: $500B/10yrs
Gross cost: $774B/10yrs
Spends on subsidies: $463B/10yrs
Reduce deficits: $81B/10yrs
Net Cost: $518B/10yrs
Gross cost: $829B/10yrs
Spends on subsidies: $461B/10yrs
Insured Uninsured reduced by: 29M
Uninsured in 2019: 25M
In Exchanges: 25M
In Medicaid: 11M
Uninsured reduced by: 29M
Uninsured in 2019: 25M
In Exchanges: 25M
In Medicaid: 14M
Revenue Tax high cost plans: $215B/10yrs
Mandate penalty: $20B/10yrs
Free rider penalty: $27B/10yrs
Indirect offsets: $12B/10yrs
Tax high cost plans: $201B/10yrs
Mandate penalty: $4B/10yrs
Free rider penalty: $23B/10yrs
Indirect offsets: $83B/10yrs
Medicare
and
Medicaid
Total savings: 409B/10yrs
Payment updates: $182B/10yrs
Medicare Advantage: $123B/10yrs
DISH Payments: $48B/10yrs
Medicare Commission: $23B/10yrs
Total savings: 404B/10yrs
Payment updates: $162B/10yrs
Medicare Advantage: $117B/10yrs
DISH Payments: $45B/10yrs
Medicare Commission: $22B/10yrs

Igor comments:

Despite the positive CBO score and the bipartisan nature of the bill, it incorporates many conservative ideas, Republicans are still dismissing the legislation. In fact, during the last few minutes of mark-up, Sen. Chuck Grassley (R-IA), the ranking member on the committee conceded that regardless of the CBO score, “There is a product here that all of the people on my side may not vote for.”

GOP obstructionism aside, the 2009 edition of comprehensive health reform has now progressed far, far beyond any previous efforts.

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