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CBO Report Highlights Need For Change Of Direction In Health Policy

Brian Blase
President at Paragon Health Institute

Brian Blase, Ph.D., is the President of Paragon Health Institute. Brian was Special Assistant to the President for Economic Policy at the White House’s National Economic Council (NEC) from 2017-2019, where he coordinated the development and execution of numerous health policies and advised the President, NEC director, and senior officials. After leaving the White House, Brian founded Blase Policy Strategies and serves as its CEO.

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In September, the Congressional Budget Office (CBO) released its annual report on federal subsidies for health insurance, which included Medicare for the first time. This report contains crucial information about the status of federal health programs and how Americans receive their health coverage. The CBO’s report shows the tremendous growth of federal health spending and that 99 percent of Americans have insurance coverage or an opportunity to obtain subsidized coverage.

Below are 10 key takeaways prompted by the CBO report.

1. Only 1 Percent Of Americans Are Uninsured And Lack A Subsidized Coverage Opportunity

The CBO projects that 24.3 million individuals in the United States—or about 7.2 percent of the population—are uninsured in 2023. Of the uninsured population, 4.3 million people are eligible for Medicaid but not enrolled, 10.8 million people are eligible for other subsidized coverage—mostly employer-sponsored insurance (ESI) or a subsidized Affordable Care Act (ACA) exchange plan—and 5.1 million people are not legal residents. This means that only 3.9 million people—or 1.2 percent of the population—are lawful residents who are uninsured and are not eligible for subsidized coverage

The full article can be found in Health Affairs.

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