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Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (14 download)
Download or read book Effects of the Affordable Care Act on Health Insurance Coverage - Baseline Projections written by and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jessica Banthin
Publisher :
ISBN 13 : 9781457854576
Total Pages : 26 pages
Book Rating : 4.8/5 (545 download)
Download or read book Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act, April 2014 written by Jessica Banthin and published by . This book was released on 2014-05-16 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Budget Office (CBO and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the provisions of the Affordable Care Act (ACA) that relate to health insurance coverage. The new estimates, which are included in CBO's latest baseline projections, reflect CBO's most recent economic forecast, account for administrative actions taken and regulations issued through March 2014, and incorporate new data and various modeling updates. Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA's coverage provisions will result in lower net costs to the federal government: The agencies currently project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015-2024 period, $104 billion less than the previous projections. Tables and figures. This is a print on demand report.
Author : Congressional Budget Office
Publisher : CreateSpace
ISBN 13 : 9781508616047
Total Pages : 24 pages
Book Rating : 4.6/5 (16 download)
Download or read book Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act written by Congressional Budget Office and published by CreateSpace. This book was released on 2015-02-25 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the provisions of the Affordable Care Act (ACA) that relate to health insurance coverage. The new estimates, which are included in CBO's latest baseline projections, reflect CBO's most recent economic forecast, account for administrative actions taken and regulations issued through March 2014, and incorporate new data and various modeling updates. Relative to their previous projections, CBO and JCT now estimate that the ACA's coverage provisions will result in lower net costs to the federal government: The agencies now project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015-2024 period, $104 billion less than the previous projection. The estimated net costs for 2014 stem almost entirely from spending for subsidies that are to be provided through insurance exchanges (often called marketplaces) and from an increase in spending for Medicaid (see Table 1). For the 2015-2024 period, the projected net costs consist of the following: Gross costs of $1,839 billion for subsidies and related spending for insurance obtained through the exchanges, Medicaid, the Children's Health Insurance Program (CHIP), and tax credits for small employers; and A partial offset of $456 billion in receipts from penalty payments, additional revenues resulting from the excise tax on high-premium insurance plans, and the effects on income and payroll tax revenues and associated outlays arising from projected changes in employer coverage. Those estimates address only the insurance coverage pro-visions of the ACA, which do not generate all of the act's budgetary effects. Many other provisions, on net, are expected to reduce budget deficits. Considering all of the provisions including the coverage provisions CBO and JCT estimated in July 2012 (their most recent comprehensive estimate) that the ACA's overall effect would be to reduce federal deficits.3
Author : Jessica S. Banthin
Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (15 download)
Download or read book Updated Estimates of the Effects of the Insurance Coverage Provisions of the Affordable Care Act, April 2014 written by Jessica S. Banthin and published by . This book was released on 2014 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: CBO and the staff of the Joint Committee on Taxation (JCT) have updated their estimates of the budgetary effects of the provisions of the Affordable Care Act (ACA) that relate to health insurance coverage. The new estimates, which are included in CBO’s latest baseline projections, reflect CBO’s most recent economic forecast, account for administrative actions taken and regulations issued through March 2014, and incorporate new data and various modeling updates. Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA’s coverage provisions will result in lower net costs to the federal government: The agencies currently project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015–2024 period, $104 billion less than the previous projections.
Author : Douglas W. Elmendorf
Publisher : DIANE Publishing
ISBN 13 : 1437983774
Total Pages : 35 pages
Book Rating : 4.4/5 (379 download)
Download or read book CBO's Analysis of the Major Health Care Legislation Enacted in March 2010 written by Douglas W. Elmendorf and published by DIANE Publishing. This book was released on 2011-06 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statement about the CBO's analysis of the Patient Protection and Affordable Care Act and the provisions of the Health Care and Education Reconciliation Act of 2010 ("the Reconciliation Act,") that are related to health care. CBO and the staff of the Joint Comm. on Taxation have provided the Congress with extensive analyses of the legislation both before and after its enactment in March 2010. This statement summarizes the major results of those analyses -- in particular, the projected effects of those laws on the federal budget (over the first 10 years and the subsequent decade), health insurance coverage, Medicare, premiums for health insurance, and labor markets. Charts and tables. This is a print on demand report.
Author : Christine Eibner
Publisher : Rand Corporation
ISBN 13 : 0833081241
Total Pages : 117 pages
Book Rating : 4.8/5 (33 download)
Download or read book The Affordable Care Act and Health Insurance Markets written by Christine Eibner and published by Rand Corporation. This book was released on 2013-08-29 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this report, the authors estimate the effects of the Affordable Care Act on health insurance enrollment and premiums for ten states (Florida, Kansas, Louisiana, Minnesota, New Mexico, North Dakota, Ohio, Pennsylvania, South Carolina, and Texas) and for the nation overall, with a focus on outcomes in the nongroup and small group markets.
Download or read book The Impacts of the Affordable Care Act: How Reasonable Are the Projections?. written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Christine Eibner
Publisher : Rand Corporation
ISBN 13 : 0833091077
Total Pages : 70 pages
Book Rating : 4.8/5 (33 download)
Download or read book Assessing Alternative Modifications to the Affordable Care Act written by Christine Eibner and published by Rand Corporation. This book was released on 2014-10-21 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarizes analysis in which the COMPARE microsimulation model was used to estimate how several potential changes to the Affordable Care Act, including eliminating the individual mandate and eliminating the law’s tax-credit subsidies, might affect 2015 individual market premiums and overall insurance coverage. The report also presents estimate how changes in young adult enrollment might affect 2015 individual market premiums.
Author : Mark Gregory Duggan
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (15 download)
Download or read book The Effects of the Affordable Care Act on Health Insurance Coverage and Labor Market Outcomes written by Mark Gregory Duggan and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Affordable Care Act (ACA) includes several provisions designed to expand insurance coverage that also alter the tie between employment and health insurance. In this paper, we exploit variation across geographic areas in the potential impact of the ACA to estimate its effect on health insurance coverage and labor market outcomes in the first two years after the implementation of its main features. Our measures of potential ACA impact come from pre-existing population shares of uninsured individuals within income groups that were targeted by Medicaid expansions and federal subsidies for private health insurance, interacted with each state's Medicaid expansion status. Our findings indicate that the majority of the increase in health insurance coverage since 2013 is due to the ACA and that areas in which the potential Medicaid and exchange enrollments were higher saw substantially larger increases in coverage. While labor market outcomes in the aggregate were not significantly affected, our results indicate that labor force participation reductions in areas with higher potential exchange enrollment were offset by increases in labor force participation in areas with higher potential Medicaid enrollment
Author : Jonathan Gruber
Publisher : Macmillan
ISBN 13 : 0809094622
Total Pages : 162 pages
Book Rating : 4.8/5 (9 download)
Download or read book Health Care Reform written by Jonathan Gruber and published by Macmillan. This book was released on 2011-12-20 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A graphic explanation of the PPACA act"--Provided by publisher.
Author : Edward Thomas Weizenegger
Publisher :
ISBN 13 :
Total Pages : 102 pages
Book Rating : 4.:/5 (15 download)
Download or read book The Health Insurance Coverage and Labor Market Impacts of the Affordable Care Act written by Edward Thomas Weizenegger and published by . This book was released on 2018 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Affordable Care Act (ACA) remains one of the most controversial pieces of legislation in a generation, and the full impacts of the law continue to be debated. Initial forecasts of how many individuals would gain health insurance coverage, as well as how the law's subsidies and regulations would impact the labor market, differ considerably from subsequent studies that have examined its effects. In this paper I use updated data from the American Community Survey (ACS) from 2012-2016 to analyze the impact of the ACA and its attendant expansion of Medicaid in 32 states and the District of Columbia. Specifically, I investigate the relationship between the law and health insurance coverage, labor force participation, and number of hours worked per week. I find that both the ACA and Medicaid expansions are significantly associated with substantial increases in health insurance coverage. As predicted by economic theory, I find that the ACA is associated with a decrease in labor force participation, but the Medicaid expansion separately is not. I also find that a significant and positive relationship between the ACA and the number of hours worked per week. Together, this paper supports the conclusion that the ACA has effectively increased the number of Americans with health insurance coverage, and provides important insight into its more complicated relationship with the labor force.
Author : Stacey McMorrow
Publisher :
ISBN 13 :
Total Pages : 13 pages
Book Rating : 4.:/5 (1 download)
Download or read book The Widespread Slowdown in Health Spending Growth Implications for Future Spending Projections and the Cost of the Affordable Care Act written by Stacey McMorrow and published by . This book was released on 2016 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper compares the most recent CMS forecast released in July 2015 to the 2010 ACA baseline forecast. The 2015 forecast incorporates actual spending data from 2013 and projects spending for 2014 through 2024. Importantly, the 2015 forecast also incorporates the Medicare Access and CHIP Reauthorization Act (MACRA), passed in April 2015, that permanently eliminated the sustainable growth rate (SGR) system for setting physician payment rates in Medicare. The earlier work used the "current-law" forecasts for Medicare spending, which included the projected effects of large cuts to Medicare physician payments that were required by the SGR system at the time of each forecast.
Author : Amy Finkelstein
Publisher : Columbia University Press
ISBN 13 : 0231538685
Total Pages : 161 pages
Book Rating : 4.2/5 (315 download)
Download or read book Moral Hazard in Health Insurance written by Amy Finkelstein and published by Columbia University Press. This book was released on 2014-12-02 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Addressing the challenge of covering heath care expenses—while minimizing economic risks. Moral hazard—the tendency to change behavior when the cost of that behavior will be borne by others—is a particularly tricky question when considering health care. Kenneth J. Arrow’s seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and Amy Finkelstein—recognized as one of the world’s foremost experts on the topic—here examines this issue in the context of contemporary American health care policy. Drawing on research from both the original RAND Health Insurance Experiment and her own research, including a 2008 Health Insurance Experiment in Oregon, Finkelstein presents compelling evidence that health insurance does indeed affect medical spending and encourages policy solutions that acknowledge and account for this. The volume also features commentaries and insights from other renowned economists, including an introduction by Joseph P. Newhouse that provides context for the discussion, a commentary from Jonathan Gruber that considers provider-side moral hazard, and reflections from Joseph E. Stiglitz and Kenneth J. Arrow. “Reads like a fireside chat among a group of distinguished, articulate health economists.” —Choice
Author : Christine Eibner
Publisher :
ISBN 13 : 9780833098177
Total Pages : 36 pages
Book Rating : 4.0/5 (981 download)
Download or read book The Effects of the American Health Care Act on Health Insurance Coverage and Federal Spending in 2020 and 2026 written by Christine Eibner and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Douglas Badger
Publisher :
ISBN 13 :
Total Pages : 25 pages
Book Rating : 4.:/5 (13 download)
Download or read book Assessing the Coverage Effects of the Affordable Care Act written by Douglas Badger and published by . This book was released on 2018 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Affordable Care Act (ACA) has substantially increased the number of Americans with public and private health insurance coverage. The Assistant Secretary for Planning and Evaluation (ASPE) at the US Department of Health and Human Services estimates that the ACA has resulted in 20 million additional nonelderly adults gaining coverage between the lawņs enactment and February 2016. This estimate is likely overstated. Government surveysņ estimates of the number of people who gained coverage between December 2013 and December 2015 vary by 20 percent. Moreover, while the ASPE estimates that the ACA increased the number of young adult dependents with insurance coverage between 2010 and 2013 by 2.3 million, data from government surveys indicate that 1.2 million fewer dependent children had private coverage in 2013 than in 2010, offsetting half the gain in coverage among older dependents. Coverage gains have nonetheless been significant, with most of the increase coming from enrollment surges in Medicaid and the Childrenņs Health Insurance programs. But a substantial proportion of those who have enrolled in these public programs since 2014 met eligibility standards that predated the ACA. This increase in public coverage may have crowded out private coverage, although further study is needed to determine the existence and magnitude of this effect.
Author : Mark Duggan
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)
Download or read book The Effects of the Affordable Care Act on the Near-Elderly written by Mark Duggan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Affordable Care Act (ACA) not only changed the landscape of health insurance coverage in the United States, but also affected the relationship between working decisions and health insurance. In this paper, we estimate the impact of the ACA on the near-elderly (ages 60-64) in the five years after the implementation of its key provisions in early 2014. We exploit variation across geographic areas in the pre-existing level of uninsurance and use 65-69 year olds, whose insurance coverage was unaffected by the ACA, as a within-region control group. Our findings indicate that the ACA increased health insurance coverage among the near elderly by approximately 4.5 percentage points and reduced their labor force participation rate by approximately 0.6 percentage points.
Author : Susan J. Irving
Publisher :
ISBN 13 : 9781457844607
Total Pages : 59 pages
Book Rating : 4.8/5 (446 download)
Download or read book Patient Protection and Affordable Care Act written by Susan J. Irving and published by . This book was released on 2013-03-28 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO regularly prepares long-term federal budget simulations under different assumptions about broad fiscal policy decisions. GAO’s Baseline Extended simulation and its Alternative simulation both show that the federal budget is on an unsustainable fiscal path driven on the spending side by rising health care costs and the aging of the population. The Patient Protection and Affordable Care Act (PPACA) provides for expanded eligibility for Medicaid and federal subsidies to help individuals obtain private health insurance and includes provisions designed to slow the growth of federal health care spending. This report describes the long-term effects of PPACA on the federal fiscal outlook under both GAO’s Baseline Extended and Alternative simulations; how changes in assumptions for federal health care cost growth might affect the outlook; and the key drivers of health care cost growth and how the uncertainty associated with each may influence future health care spending. Tables and figures. This is a print on demand report.
