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Sebelius's Claim that Insurance Premiums are 16% Lower Than CBO Projected
Estimates from the nonpartisan Congressional Budget Office are considered the gold standard in Washington.
Estimates from the nonpartisan Congressional Budget Office are considered the gold standard in Washington. The budget impact of every bill voted on by Congress is calculated by CBO analysts — and their findings often make a difference in whether legislation passes or not.
That’s why politicians often tout CBO’s estimates. So we were curious last week when Secretary Sebelius cited a CBO projection of insurance rates — and how actual premiums turned out to be lower than expected. What’s the source of this factoid?
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HHS directed The Fact Checker to a report released in September by the HHS Assistant Secretary for Planning and Evaluation (ASPE), which stated that “premiums tax credits will be more than 16 percent lower than projected.” The report explained that “the weighted average second lowest cost silver plan for 48 states (including DC) is 16 percent below projections based on the ASPE-derived Congressional Budget Office premiums.”
Read the full story here: http://wapo.st/1e38SeK
Source: The Washington Post
Managed Care Reflections: A Q&A With A. Mark Fendrick, MD, and Michael E. Chernew, PhD
December 2nd 2025To mark the 30th anniversary of The American Journal of Managed Care (AJMC), each issue in 2025 includes a special feature: reflections from a thought leader on what has changed—and what has not—over the past 3 decades and what’s next for managed care. The December issue features a conversation with AJMC Co–Editors in Chief A. Mark Fendrick, MD, director of the Center for Value-Based Insurance Design and a professor at the University of Michigan in Ann Arbor; and Michael E. Chernew, PhD, the Leonard D. Schaeffer Professor of Health Care Policy and the director of the Healthcare Markets and Regulation Lab at Harvard Medical School in Boston, Massachusetts.
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