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CBO: $194 Billion Deficit Increase If Key ACA Subsidies End In 2017

HR Daily Advisor

In particu­lar, the agencies analyzed what would happen if it were decided by the end of August 2017 that CSR payments would continue only through the end of this calendar year. Federal deficits would increase by $6 billion in 2018, $21 billion in 2020, and $26 billion in 2026. More information is available in the full CBO report.

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CBO Releases Analysis of Senate Healthcare Bill

HR Daily Advisor

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have completed an estimate of the direct spending and revenue effects of the Senate’s Better Care Reconciliation Act of 2017. That amount is $202 billion more than the estimated net savings for the version of H.R.

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CBO’s Take on Revised ACA Repeal/Replace Bill: More of the Same

HR Daily Advisor

After receiving lukewarm support and a discouraging report from the Congressional Budget Office (CBO) , which concluded that it would leave an additional 24 million Americans uninsured by 2026 as compared with the current ACA, it was pulled from the House floor shortly before a scheduled vote on March 24.

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Senate Issues Revised Version of ACA Repeal-and-Replace Bill

HR Daily Advisor

On July 13, the Senate released a revised version of its proposed Affordable Care Act (ACA) repeal/replace bill, known as the Better Care Reconciliation Act of 2017. It also provides nearly $45 billion from 2018 through 2026 to help states battle opioid addiction. As of July 13, the Senate had not yet voted on the original version.

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CBO Releases Much-Anticipated Cost Estimate of ACA Repeal/Replace Plan

HR Daily Advisor

According to the CBO, in conjunction with the Joint Committee on Taxation (JCT), enacting the legislation would: Reduce federal deficits by $337 billion over the 2017-2026 period. That number would rise to 21 million in 2020 and 24 million in 2026, stemming in large part from changes in Medicaid enrollment.