Health Care Reform UPDATE 6 (CBO Assessment of Republican Alternative Bill)

Health Care Reform UPDATE 6 (CBO Assessment of Republican Alternative Bill)

 

The Republicans in congress offered an alternative bill to reform health care in America. The CBO has made a preliminary assessment of the bill on its costs and viability.

 

Here is the outline of the CBO’s assessment of the Republicans’ alternative bill:

  • reduce federal deficits by $68 billion over the 2010-2019 period
  • increase rates of insurance coverage by reducing its costs (premium)
  • Limits on costs related to medical malpractice (“tort reform”)
  • An increase in funding for HHS investigations into fraud and abuses
  • Changes to health savings accounts (HSAs) to allow funds in such accounts to be used to pay premiums
  • Make health insurance portable
  • Allow Americans to buy health insurance across state lines
  • premiums per enrollee in the United States, relative to what they would be under current law-by 7 percent to 10 percent in the small group market, by 5 percent to 8 percent for individually purchased insurance, and by zero to 3 percent in the large group market.

 

Read full text of CBO Director’s blog: http://cboblog.cbo.gov/?p=414

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2 Responses to Health Care Reform UPDATE 6 (CBO Assessment of Republican Alternative Bill)

  1. Alvaro says:

    Hey – whats up. Thanks for the blog. I’ve been digging around looking some info up for shool, but there is so much out there. Yahoo lead me here – good for you i guess! Keep up the good work. I will be coming back in a few days to see if there is updated posts.

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