Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2017 to 2027

Congressional Budget Office

No 53091, Reports from Congressional Budget Office

Abstract: CBO and the staff of the Joint Committee on Taxation project that the federal subsidies, taxes, and penalties associated with health insurance coverage for the noninstitutionalized population under age 65 will result in a net subsidy from the federal government of $705 billion, or 3.7 percent of GDP, in 2017. For the entire 2017–2027 period, the projected net subsidy is $9.2 trillion. On average, about 28 million people—10 percent of that population—will be uninsured in 2017.

JEL-codes: H30 I13 I18 (search for similar items in EconPapers)
Date: 2017-09-14
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