Word: cbo
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Dates: during 2000-2009
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Tucked deep inside the Senate health reform bill - beginning on page 1,926 - is a plan for a new federal insurance program. Average premiums could be as high as $180 per month and could be automatically deducted from the paychecks of some American workers. The nonpartisan Congressional Budget Office (CBO) predicts this new program would "add to budget deficits ... by amounts on the order of tens of billions of dollars." This is not, however, the so-called public option that is the focus of much heated debate on Capitol Hill. It's an entirely different Democratic plan...
...already authorized $1.1 billion for the field.) And yet as Diana Buist, a researcher at Group Health in Seattle who received some of the stimulus funding, says, "[Comparative-effectiveness research is] a hard sell. It always has been." According to a 2007 Congressional Budget Office (CBO) report on the topic, "Some experts believed that less than half of all medical care is based on or supported by adequate evidence about its effectiveness." Instead, said the CBO, health care in the U.S. is often motivated by factors like "enthusiasm for the newest technology" and a fee-for-service payment system that...
...lack health insurance. And a vast expansion of Medicaid, coupled with billions of dollars in subsidies to help low- and middle-income Americans buy insurance, would help ensure that most people end up spending less on their health bills, according to a new analysis by the Congressional Budget Office (CBO), Congress's independent scorekeepers. (See 10 players in health-care reform...
...CBO says both the House and Senate versions of the bill would cut the deficit in the long run. But even the CBO acknowledges that its predictions are highly uncertain and based on forecasting models that assume that most of the bill's untested reforms will actually work. To skeptics, that seems too good to be true, especially with millions of new patients coming into the system. While families' health bills may go down, they say, costs for the government - and ultimately taxpayers - are sure to rise. "I find near unanimity of opinion that, whatever its shape, the final legislation...
...other, more difficult to quantify elements such as the excise tax on high-cost insurance that will bring down costs as we grow. On the flipside, if we keep the current system, our general fiscal health will decay along with the initiative of many might-have-been trailblazers. The CBO has also estimated that by 2016 premiums will be $15,000 for a family of four in the Exchange, well below the $24,000 family premium expected if Congress fails...