Affordable Care Act
- Blog Post
CBO Releases Four Products Explaining How Its New Health Insurance Simulation Model Works
CBO released four products that, in combination, explain how the agency uses its new health insurance simulation model, HISIM2, to generate estimates of health insurance coverage and premiums for people under age 65.
- Report
Health Insurance Coverage for People Under Age 65: Definitions and Estimates for 2015 to 2018
This report explains how CBO defines health insurance coverage, describes how CBO combines data from various sources to produce estimates of different types of coverage in past years, and shows such estimates for the years 2015 to 2018.
- Presentation
HISIM2—The Health Insurance Simulation Model Used in Preparing CBO’s Spring 2019 Baseline Budget Projections
CBO describes how its new health insurance simulation model was used to develop the agency’s new baseline budget projections. CBO also has made available segments of computer code to provide more detail about how the new model works.
- Working Paper
Sources and Preparation of Data Used in HISIM2—CBO’s Health Insurance Simulation Model: Working Paper 2019-04
CBO developed a new version its health insurance simulation model, HISIM2, including using new sources of input data. This paper describes the new input data and the methods for adjusting and adding to those data to form the sample used in HISIM2.
- Blog Post
CBO to Release Updated Baseline Budget Projections on May 2
On May 2, CBO plans to release updated 10-year baseline budget projections. At the same time, CBO will release Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2019 to 2029.
- Report
How CBO and JCT Analyzed Coverage Effects of New Rules for Association Health Plans and Short-Term Plans
This report describes the methods used to assess how the new rules would affect the number of people who obtain health insurance and the costs of federal subsidies for that coverage. It also provides details about those projected effects.
- Report
The Budget and Economic Outlook: 2019 to 2029
In CBO’s projections, deficits remain large by historical standards, and federal debt grows to equal 93 percent of GDP by 2029. As the effects of fiscal stimulus wane, projected economic growth falls back below the historical average.
- Report
Options for Reducing the Deficit: 2019 to 2028
CBO periodically issues a volume of options—this year’s installment presents 121—that would decrease federal spending or increase federal revenues. CBO’s website allows users to filter options by topic, date, and other categories.
- Report
Plans to Update CBO’s Health Insurance Simulation Model
In a letter to Senator Mike Enzi, CBO provides additional information about its progress in updating its health insurance simulation model (HISIM).
- Report
The Distribution of Household Income, 2015
In 2015, average household income before accounting for means-tested transfers and federal taxes was $20,000 for the lowest quintile and $292,000 for the highest quintile. After transfers and taxes, those averages were $33,000 and $215,000.