Filed Under:Health Insurance, Individual Health

CBO: PPACA Ruling to Cut Spending by $84 Billion

Congressional Budget Office Director Douglas Elmendorf (AP Photo/J. Scott Applewhite)
Congressional Budget Office Director Douglas Elmendorf (AP Photo/J. Scott Applewhite)

The recent Supreme Court ruling on the Patient Protection and Affordable Care Act of 2010 (PPACA) could reduce total PPACA insurance coverage provision spending by 6.7%, to a total of $1.2 trillion from 2012 to 2022.

The court ruling should cut PPACA insurance provision implementation costs by about $84 billion, officials at the Congressional Budget Office (CBO) say in a commentary summarizing PPACA ruling impact estimates made by analysts at the CBO and the congressional Joint Committee on Taxation (JCT).

The CBO and JCT analysts looked only at the budget effects of PPACA health insurance provisions, such as the Medicaid expansion provisions, the tax on individuals who fail to meet PPACA health insurance coverage requirements, and provisions that would create new health insurance exchanges, or Web-based health insurance supermarkets.

The analysts say the court ruling would reduce the PPACA-related spending included in the analysis to $1.168 billion over the 11-year 2012-2022 period, from a level of $1.252 projected before the court issued the ruling.

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Nichole Morford

Nichole Morford
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