On Thursday, September 14 at 2 p.m. ET, CBO will release Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2017 to 2027. The previous edition of this report was published in March 2016. Since then, CBO has—at various times—updated certain aspects of those projections, but has not produced a comprehensive set of estimates like those in this report.
This report includes updates—prepared since CBO released its baseline projections for the entire budget in June—to estimates of the federal cost of subsidizing health insurance purchased through the marketplaces, of spending to subsidize insurance provided through the Basic Health Program, and of net spending and revenues associated with stabilizing insurance premiums, as well as to projections of enrollment in the marketplaces and of the number of uninsured people. Because of the extensive work required to analyze pending legislation, CBO and the staff of the Joint Committee on Taxation did not have time to complete those updates in June.
Deborah Kilroe is CBO’s Associate Director for Communications. Leigh Angres is CBO’s Associate Director for Legislative Affairs.