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blog post
July 23, 2012
Health Care
Growth in spending on federal health care programs is one of the central fiscal challenges facing the federal government. That growth is driven by rising enrollment in public programs deriving from the aging of the population coupled with expansions in insurance coverage and by rising health care spending per person (which has slowed recently but, during the past few decades, has significantly outpaced increases in economic output per person). Moreover, rapid growth in spending on health care is a key challenge not only for Medicare, Medicaid, and other federal programs, but also for state and local governments and for the private sector. CBO devotes a large share of its resources to studying proposals that would make narrow or broad changes in the nation’s systems for delivering and financing health care.
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Cigarette Taxes, Health, and the Budget
Jun 2012 - CBO's study demonstrates the complex links between policies that aim to improve health and effects on the federal budget.
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CBO’s Estimate of the Net Budgetary Impact of the Affordable Care Act’s Health Insurance Coverage Provisions Has Not Changed Much Over Time
May 2013 - This blog post describes in more detail CBO’s revised expectations about sources of people’s insurance coverage and the net budgetary impact of those revisions, as reflected in CBO’s May 2013 baseline projections.
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