Improving Health Care Cost Estimates: Establishing CBO's Panel of Health Advisors.
This law formally establishes the Panel of Health Advisors within the Congressional Budget Office (CBO). Its purpose is to provide Congress with more accurate and expert analysis regarding the costs and impacts of proposed health care legislation. While it doesn't directly change your insurance, it aims to ensure better-informed decisions about the future of programs like Medicare and Medicaid, potentially affecting your finances and access to care.
Key points
Creation of a 15-member Panel of Health Experts to advise the Congressional Budget Office (CBO) on health care cost analysis.
The Panel must improve the accuracy of economic forecasts and cost estimates for new health legislation, including those related to Medicare and Medicaid.
The Panel's annual reports, detailing recommendations and how the CBO utilized them, will be made public.
Expired
Additional Information
Print number: 118_HR_9686
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1]
Process start date: 2024-09-19