Party Like It's 1994
Ever wanted to read the Congressional Budget Office's evaluation of the 1994 health-care reform plan? Well, thanks to my colleague Lori Montgomery, you can. (Warning: it's a 10 megabyte download.)
On page 28, you'll see something a little dispiriting. The bill envisioned $927 billion in subsidies between 1998 and 2004. Assuming that's in 1994 dollars, that's about $1.3 trillion. And that was at a time when there were far fewer uninsured, and health-care insurance cost far less. Some of that was probably offset by the cuts in Medicaid eligibility, but it looks like that plan was a lot more generous. Worth keeping in mind as we haggle over the final price tag for health-care reform.
Posted by: Hopeful9 | October 7, 2009 9:43 AM | Report abuse
Posted by: DavidBerkian | October 7, 2009 10:44 AM | Report abuse
The comments to this entry are closed.