Does the actuary estimate that health reform will cost more than CBO estimates?
No. On an apples-to-apples basis, the estimates by the CMS actuary and CBO are almost identical. The estimated gross cost of expanding health coverage is $938 billion over the 2010-2019 period according to CBO and $948 billion according to the actuary — a difference of only 1 percent. The net savings in Medicare and Medicaid total $455 billion according to CBO and about $457 billion according to the actuary.
Related Questions
- Has a GC already provided an estimate to CU? If not would the cost estimates need to be done by an Estimating Consultant or would estimates done by a reputable GC be sufficient?
- Does the calculator provide definitive estimates of what people would pay under the health reform law?
- How much would health reform really cost?
