In This Issue:
Special Report: Congressional Budget Office Estimates; Implementation of the Affordable Care Act (ACA); Other HHS and Federal Regulatory Initiatives; Other Congressional and State Initiatives; and Hearings & Mark-ups Scheduled.
Excerpt from Special Report: Congressional Budget Office Estimates
The Congressional Budget Office (CBO) released several estimates this week about the costs and effects of the ACA and other health care provisions.
On March 13th CBO released updated baseline budget projections for fiscal years 2012 to 2022. The baselines indicate projected spending on several programs if policies remain generally the same as they are today. The estimates indicate that the costs of both Medicare and Medicaid will more than double over the next decade.
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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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