If current laws generally remained unchanged, large budget deficits would boost federal debt to unprecedented levels over the next 30 years, CBO projects.
CBO and JCT project that federal subsidies, taxes, and penalties associated with health insurance coverage for people under age 65 will result in a net subsidy from the federal government of $737 billion in 2019 and $1.3 trillion in 2029.
This report describes the primary features of single-payer systems, and it discusses some of the design considerations and choices that policymakers will face in developing proposals for establishing such a system in the United States.
- Blog Post
Today CBO released four products that, in combination, explain how the agency uses its new health insurance simulation model, HISIM2, to generate estimates of health insurance coverage and premiums for people under age 65.
- ReportHow CBO and JCT Analyzed Coverage Effects of New Rules for Association Health Plans and Short-Term Plans
This report describes the methods used to assess how the new rules would affect the number of people who obtain health insurance and the costs of federal subsidies for that coverage. It also provides details about those projected effects.