Tag Archives: Congressional Budget Office (CBO)

US Senate Set to Try Again on Health Care Reform

U.S. Senate Republicans on Thursday (July 13) released a revised version of their bill to repeal and replace the Affordable Care Act, otherwise known as Obamacare. The changes in the revised version are aimed at securing the votes of reluctant GOP senators in order to win the bill’s passage.

The new Senate bill, like earlier versions, would convert Medicaid from an open-ended entitlement to a system of fixed (capped) payments to states. The new bill makes no change to the indexing that would be used to adjust future federal Medicaid outlays, which under the Senate version would be pegged to the consumer price index (CPI-U) rather than measures tied to medical care costs, which historically  have risen faster than the CPI.

The Congressional Budget Office (CBO) has projected federal outlays for Medicaid under the Senate bill would decline by 26 percent by 2026 in comparison with projections under current law. (See previous post.)

Continue reading US Senate Set to Try Again on Health Care Reform

New Report Outlines Impact of Senate Health Care Reform Bill on Medicaid

A June 29 Congressional Budget Office report entitled Longer-Term Effects of the Better Care Reconciliation Act of 2017 on Medicaid Spending projects federal Medicaid spending under the Senate version of the health care reform bill would be 26 percent (or roughly $160 billion) lower in 2026 than under current law.  That gap would widen to about 35 percent in 2036. Continue reading New Report Outlines Impact of Senate Health Care Reform Bill on Medicaid