The following article by Emily C. Singer was posted on the mic.com website January 11, 2018:
Funding the Children’s Health Insurance Program for 10 years could actually save the government money, the nonpartisan Congressional Budget Office said in a report published Thursday — a factoid that supporters of soon-to-expire program are sure to use as they lobby for its reauthorization.
Funding the program — which provides health insurance to nearly 9 million children from low-income families — for 10 years would save the federal government $6 billion, according to the CBO’s report.
Funding CHIP is cheaper than moving the covered children to other coverage options, including Medicaid and through subsidized plans in the Affordable Care Act marketplace, according to the CBO. Continue reading “CBO: Funding CHIP for 10 years would actually save $6 billion”