About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1 H.R. 1425, State Health Care Premium Reduction Act, as Ordered Reported by the House Committee on Energy and Commerce on April 4, 2019 1 (August 20, 2019)

handle is hein.congrec/cbosthcpr0001 and id is 1 raw text is: j Congressional Budget Office Cost Estimate August 20, 2019 By Fiscal Year, Millions of Dollars 2019 2019-2024 2019-2029 Direct Spending (Outlays) Revenues Deficit Effect 17,967 0 0 4,211 13,756 43,280 8,855 34,425 The bill would * Appropriate $10 billion annually, beginning in 2020, to fund state or federal reinsurance programs in the nongroup insurance market or to establish state-run subsidy programs to reduce premiums and out-of-pocket costs for nongroup plans sold through the marketplaces established under the Affordable Care Act Estimated budgetary effects would primarily stem from * Spending from the Improve Health Insurance Affordability Fund for states and insurers to implement reinsurance programs and for state-based subsidy programs for coverage purchased through the marketplaces * Reducing premiums for nongroup insurance coverage, which would lower the net cost of federal subsidies for coverage purchased through the marketplaces Areas of significant uncertainty include * Identifying the number of states that would operate their own subsidy programs instead of reinsurance * Estimating the effects on costs, premiums, and coverage arising from various states' approaches to operating subsidy programs * Estimating the reductions to premiums that insurers might make in response to reinsurance programs Detailed estimate begins on the next page. See also CBO's Cost Estimates Explained, www.cbo.gov/publicationi54437; How CBO Prepares Cost Estimates, www.cbo.gov/publication/53519; and Glossary, www.cbo.govipublication/42904.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most