Thursday, 16 August, 2018

CBO: Reauthorizing CHIP Will Save $6 Billion

Getty Images Getty Images
Ben Pena | 13 January, 2018, 02:09

In Delaware, the state adds $2.9 million to the federal $30 million to fund the Delaware Healthy Children Program, which provides low-priced health insurance to children whose parents don't qualify for Medicaid. The program covers more than 9 million children nationwide, 400,000 of whom are in Texas.

Georgetown University's Center for Children and Families (CCF) predicted in a report this month that 11 states would run out of CHIP funding before the end of February if Congress doesn't approve a long-term solution.

The CBO's original cost estimate for a five-year extension was $8.2 billion, but the revised estimate said it would only cost $800 million.

The CBO said that if CHIP funding was extended for 10 years it would actually decrease the deficit by $6 billion.

In a bipartisan appeal on behalf of the National Governors Association, Republican Gov. Charlie Baker of MA and Democratic Gov. Kate Brown of OR called on Congress - after it allowed CHIP and community health center funding to lapse past year - to consider the "urgent needs of states and families" by restoring money.

"Extending funding for CHIP for 10 years yields net savings to the federal government because the federal costs of the alternatives to providing coverage through CHIP (primarily Medicaid, subsidized coverage in the marketplaces, and employment-based insurance) are larger than the costs of providing coverage through CHIP during that period", the nonpartisan budget agency writes.

Clippers' Williams scores 50 to spoil Durant's milestone night
On the other side, the over is 5-0 in the Warriors' last five games after allowing 100 points or more in their previous game. You could nearly see Durant stepping on the throat of the entire Cavaliers team , at that moment.

Before the latest cash infusion, several states sent letters to parents warning that the program was in jeopardy absent congressional action.

Virginia and CT can promise to keep their CHIP program running only through February, officials said. She can not afford private coverage for her two children on her dental hygienist pay.

"If you think about a world with no CHIP, a lot of families would still want to have their kids covered, so they would look for private insurance in the individual market", he explained. The group practice hasn't changed any scheduling for CHIP patients, but he said "families are terrified" about the coverage disappearing.

"If CHIP coverage disappears, we run the risk of kids going without care or emergency room visits going up", he said. "They might not have a family physician, or a clear support system".

In Ohio, covering the 200,000 children enrolled in CHIP costs about $45 million a month - a cost Ohio funds via Medicaid. "We will have to decide between their health and spending the money on something else", she said.

If CHIP gets canceled by the state, she likely won't bring Javier, 2, for his two-year checkup if nothing seems wrong. Murkowski said health care costs should be a priority.

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