Posted on June 11, 2010 00:21
Categories: Legislative and Regulatory Issues
Topics: Health Care Reform | Legislation (National) | Spending
KFF released a brief by Drew Altman, the President and CEO of KFF, on the projections made by the Congressional Budget Office (CBO) and the Chief Actuary of the Centers for Medicare & Medicaid Services (CMS). The brief compares the two projections and explains the assumptions each makes and why they reach different conclusions.
From the report: Unlike the CBO, however, the CMS Actuary does not include estimates of
revenues, and thus he reaches no conclusion about the impact on the
deficit. Conversely, the CBO does not estimate the effect on national
health spending. In other words, the CBO and the Actuary do not estimate
the same things. Essentially, when you put the two analyses together,
they are saying that the law covers 32-34 million additional people, and
it does so with essentially the same amount we would spend anyway as a
nation and in the federal budget, after taking into account its revenue
and cost saving measures.
Full report:
http://www.kff.org/pullingittogether/050510_altman.cfm
Kaiser Family Foundation. (2010). Predicting the future. Altman, D.
E-mail to Friend |
Print |
Permalink |
Post RSS