Democrats’ health care coverage expansion plan is very pricey and very small
AXIOS February 17, 2021
The Congressional Budget Office doesn’t expect much from House Democrats’ plan to temporarily expand health care coverage through the Affordable Care Act.
The big picture: According to CBO’s estimates, Democrats’ proposals would cover fewer than 2 million uninsured Americans — at a cumulative cost of over $50 billion.
Details: Democrats on the House Ways and Means Committee want to make more people eligible for the ACA’s premium subsidies and increase the value of those subsidies for people who already get them. Both changes would be temporary.
- Those changes would cover about 1.3 million uninsured people next year, CBO projects, and would end up costing the federal government about $34 billion.
- Offering full subsidies to people receiving unemployment benefits would...