CBO Analysis of the Senate Finance Committee Proposal

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.

2009-09-25T00:00:00+00:00 September 25th, 2009|Advocacy|