Filed Under:Health Insurance, Individual Health

CBO: CHIP has no magic pot of gold

There's a big gap between CHIP state budget allocations and the total CHIP budget authority.
There's a big gap between CHIP state budget allocations and the total CHIP budget authority.

A Congressional Budget Office (CBO) analyst warned health policy watchers Monday not to think that they can easily squeeze billions of unused dollars from the Children's Health Insurance Program (CHIP). Rob Stewart told members of the Alliance for Health Reform that the extra $9.6 billion CHIP seems to have is just a budget accounting number.

The number has no effect on current federal spending or federal budget figures, Stewart said. Budget cutters cannot used the untapped spending authority to reduce the deficit, and advocates of expanding federal health programs cannot use the untapped authority to increase spending on other health programs, Stewart said.

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Nichole Morford

Nichole Morford
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