CBO’s Record of Projecting Subsidies for Health Insurance Under the Affordable Care Act: 2014 to 2016

Congressional Budget Office

No 53094, Reports from Congressional Budget Office

Abstract: CBO and JCT’s March 2010 and May 2013 projections of federal spending for people made newly eligible for Medicaid by the ACA and of subsidies for health insurance received through the marketplaces and the Basic Health Program were close to the actual amounts for 2014 and 2015, but—like estimates by a number of other organizations—were much too high for 2016. To a great extent, the differences arose because actual results deviated from the agencies’ expectations about how the economy would change, how the law would be implemented, and how people and employers would respond to the law.

JEL-codes: I13 I18 (search for similar items in EconPapers)
Date: 2017-12-07
New Economics Papers: this item is included in nep-ias
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