Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2018 to 2028
Congressional Budget Office
No 53826, 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 people under age 65 will result in a net subsidy from the federal government of $685 billion, or 3.4 percent of GDP, in 2018. For the 2019–2028 period, the projected net subsidy is $9.3 trillion. This document updates the preliminary projections of subsidies for insurance purchased through the marketplaces as well as revenues related to health insurance coverage that were published in the Budget and Economic Outlook last month.
JEL-codes: H30 I13 I18 (search for similar items in EconPapers)
Date: 2018-05-23
New Economics Papers: this item is included in nep-ias and nep-pbe
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Persistent link: https://EconPapers.repec.org/RePEc:cbo:report:53826
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