CBO’s Analysis Of The Major Health Care Legislation Enacted In March 2010

Analysis given before the Subcommittee on Health Committee on Energy and Commerce U.S. House of Representatives March 30, 2011​. Among other things, PPACA and the Reconciliation Act will do the following: establish a mandate for nearly all legal residents of the United States to obtain health insurance; create insurance exchanges through which certain individuals and families will receive federal subsidies to substantially reduce the cost of purchasing health insurance coverage; significantly expand eligibility for Medicaid; permanently reduce the growth of Medicare’s payment rates for most services (relative to the growth rates projected to occur under prior law); impose . . .