CBO: ACA stabilization bill would widen deficit by $19.1B

The Congressional Budget Office and the Joint Committee on Taxation estimate legislation aimed at stabilizing the ACA individual marketplace would increase the federal deficit by $19.1 billion between 2018 and 2027.

The CBO and JCT on March 19 issued a cost estimate of the Bipartisan Health Care Stabilization Act of 2018, authored by Sens. Susan Collins, R-Maine, and Lamar Alexander, R-Tenn. Contrary to previous suggestions, Republican lawmakers told reporters March 19 that ACA stabilization provisions will not be included in the omnibus funding bill they are creating.

The Bipartisan Health Care Stabilization Act includes provisions for the state innovation waiver process, $30.5 billion for reinsurance programs, funding for cost-sharing reductions through 2021, and outreach and enrollment funding.

CBO and JCT predict the bill would increase the number of insured Americans by fewer than 500,000 annually from 2019 through 2022.

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