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CBO’s Record of Projecting Subsidies for Health Insurance Under the Affordable Care Act: 2014 to 2016

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  • Congressional Budget Office

Abstract

CBO and JCT’s March 2010 and May 2013 projections of federal spending for people made newly eligible for Medicaid by the ACA and of subsidies for health insurance received through the marketplaces and the Basic Health Program were close to the actual amounts for 2014 and 2015, but—like estimates by a number of other organizations—were much too high for 2016. To a great extent, the differences arose because actual results deviated from the agencies’ expectations about how the economy would change, how the law would be implemented, and how people and employers would respond to the law.

Suggested Citation

  • Congressional Budget Office, 2017. "CBO’s Record of Projecting Subsidies for Health Insurance Under the Affordable Care Act: 2014 to 2016," Reports 53094, Congressional Budget Office.
    • Handle: RePEc:cbo:report:53094
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    File URL: https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53094-acaprojections.pdf
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    Cited by:

    1. Naomi Zewde, 2020. "The individual welfare effects of the Affordable Care Act for previously uninsured adults," International Journal of Health Economics and Management, Springer, vol. 20(2), pages 121-143, June.

    More about this item

    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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