Medicare
- Blog Post
CBO Publishes New Health Insurance Coverage Projections for 2023 to 2033
CBO released updated projections of health insurance coverage for people under age 65 in the journal Health Affairs.
- Report
An Update to the Budget Outlook: 2023 to 2033
CBO’s updated projections show a federal budget deficit of $1.5 trillion for 2023. That estimate is subject to considerable uncertainty, though, in part because of a recent shortfall in tax revenues.
- Presentation
Long-Term Projections of Health Care Spending and the Implications for the Federal Budget
Presentation by Julie Topoleski, Director of CBO’s Labor, Income Security, and Long-Term Analysis Division, at the 15th Annual Meeting of the OECD’s Working Party of Parliamentary Budget Officials and Independent Fiscal Institutions.
- Report
The Medicare and Medicaid Improvement Funds: Budgetary History and Projections
CBO describes features of the Medicare and Medicaid improvement funds and how the funds are accounted for in CBO’s baseline and cost estimates.
- Report
An Evaluation of CBO’s Projections of Outlays From 1984 to 2021
In this report, CBO uses various measures to assess the quality of its past projections of federal outlays. The analysis focuses on three fiscal years within each projection period: the budget year, the 6th year, and the 11th year.
- Report
CBO’s Projections of Federal Health Care Spending
In a letter to Senator Whitehouse, CBO gauges the accuracy of its projections of federal health care spending over time. In 2010, CBO overestimated mandatory spending for health care in its projections for the 2010–2020 period.
- Presentation
How CBO Estimated the Budgetary Impact of Key Prescription Drug Provisions in the 2022 Reconciliation Act
CBO describes how it estimated the budgetary impact of three key prescription drug provisions in the 2022 reconciliation act. In total, those provisions will reduce the federal deficit by $129 billion from 2022 through 2031, CBO estimates.
- Report
The Budget and Economic Outlook: 2023 to 2033
In CBO’s projections, the federal deficit totals $1.4 trillion in 2023 and averages $2.0 trillion per year from 2024 to 2033. Real GDP growth comes to a halt in 2023 and then rebounds, averaging 2.4 percent from 2024 to 2027.
- Cost Estimate
CBO Estimate for Divisions O Through MM of H.R. 2617, the Consolidated Appropriations Act, 2023, Enacted as Public Law 117-328 on December 29, 2022
Public Law 117-328 as enacted on December 29, 2022
- Working Paper
"Lesser-of" Payment Policies and the Use of Physicians' Services Among Dual-Eligible Beneficiaries: Working Paper 2023-01
This paper examines the effects of physician payment reductions on the use of physicians' services by dual-eligible beneficiaries—people enrolled in both Medicare and Medicaid—over the 1999–2012 period.