Jan 17, 2025 · CBO prepares projections of federal health care spending under current law and analyzes proposals that would change federal health care policies.

Source: Congressional Budget Office, letter to the Honorable Sheldon Whitehouse about CBO’s projections of federal health care spending (March 17, 2023), p. 12, www.cbo.gov/publication/58997. CBO’s Projections of Federal Outlays for the Major Health Care Programs In its long-term projections made in 2010, CBO estimated that federal outlays

§Review of health care prices by payer §Single-payer series: budget impact, financing, macroeconomic impact §Drug prices and innovation Recent Analysis of Legislation, Including Cost Estimates §Surprise billing §Legislation in response to the pandemic –Medicaid continuous coverage –Timing of the public health emergency

Total health care spending, which consumed about 8 percent of the U.S. economy in 1975, currently accounts for about 16 percent of GDP, and that share is projected to reach nearly 20 percent by 2016.

project the overall effect of AI and ML on federal health care spending, CBO is continually evaluating new research and is particularly interested in evidence regard-ing interventions that might prevent the progression of disease or the need for more intensive care. Representative Carter’s Questions About Pharmacy Benefit Managers

CBO projects private health insurers’ spending on health care and administrative costs on the basis of trends in premium growth and of projected growth in personal income, which affects people’s ability to buy health insurance.

CBO and JCT estimate that enacting the American Health Care Act would reduce federal deficits by $337 billion over the coming decade and increase the number of people who are uninsured by 24 million in 2026 relative to current law.

Dec 7, 2022 · This presentation provides a brief summary of CBO’s long-term projections of federal health care spending, the distribution of federal subsidies for health care, the drivers of cost growth in health care, and options for reducing federal spending on health care.

May 24, 2023 · In 2023, federal subsidies for health insurance are estimated to be $1.8 trillion, or 7.0 percent of gross domestic product (GDP). In CBO and JCT’s projections, those net subsidies reach $3.3 trillion, or 8.3 percent of GDP, in 2033.

This study defines national spending on health care as total spending on health services and supplies, as defined in the national health expenditure accounts, maintained by the Centers for Medicare and Medicaid Services.