The Senate Finance Committee’s health systems reform bill, currently being considered by the full Committee, is projected to result in coverage for 94% of all non-elderly U.S. residents and cost $774 billion over a decade, according to the Congressional Budget Office’s preliminary estimates.
According to the report, the bill would reduce the federal deficit by $49 billion in its first 10 years. The CBO estimated that the bill would leave about 25 million U.S. residents without coverage, about one-third of whom would be undocumented immigrants. In addition, the report found that the number of people with employer-sponsored insurance would slightly increase between 2011 and 2014.