Friday, October 30, 2009

House Health Reform Bill Official CBO Score is $1.055 Trillion; Possible Floor Consideration Late Next Week

The House Democrats' health care plan would cover 36 million more Americans at a cost of $1.055 trillion over the next decade, while reducing the federal deficit overall by $104 billion, according to a preliminary Congressional Budget Office score released late Thursday.

The House bill contains the ANCOR supported CLASS Act, which would 1) provide a new private source of funding for ANCOR providers of long term supports and services; 2) reduce federal deficit by 74 billion over 10 years; and 3) produce a savings to Medicaid of nearly 2 billion in first five years of implementation.

The bill could come to the floor for consideration as early as November 5, House Majority Leader Steny H. Hoyer said Thursday night. A manager’s amendment will be available as soon as November 2, Hoyer added.