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1 [1] (2020)

handle is hein.congrec/cbojctan0001 and id is 1 raw text is: How CBO and JCT Analyze Major Proposals That Would Affect Health Insurance Choices When tasked with analyzing major legislative proposals that would affect health insurance choices for people under age 65, the Congressional Budget Office and the staff of the Joint Committee on Taxation embark on a process to develop a cost estimate that reflects the middle of the distribution of potential outcomes. CBO focuses on estimating the effects on coverage, premiums, and federal spending, and JCT estimates the tax-related budgetary effects. (The process applies to proposals that would make changes within the existing insurance market but not to proposals that would eliminate private insurance.) REVIEW THE PROPOSAL 0 Congressional Budget Office sar Analysis for the U.S Conigress SRead the draft proposals, beginning with informal ones as ideas take shape and ending with a final version of the legislative language. 2 Analyze the policy specifications in the drafts. Improvin • I Clarify any ambiguities by asking the authors about their intent. 4 Identify how the proposal would change federal laws and interact with state laws. If the models produce results that are unexpected or not in line with historical outcomes and economic theory, revisit the approach. MODEL THE EFFECTS OF THE PROPOSAL Having included inputs for insurers' 42 Estimate spending for Medicaid, Estimate federal spending and state governments' decisions about I2 the Children's Health Insurance overall, and estimate federal coverage and benefits, model individuals' and Program, and other programs using revenues using JCT's tax models. employers' health insurance decisions over program-specific models. the projection period using HISIM2. For more information, see Congressional Budget Office, Methods for Analyzing Health Insurance Coverage, https://go.usa.gov/xppAM.

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