CBO: Alexander-Murray Bill Would Save Federal Government $3.8 Billion

The bipartisan deal to stabilize the individual insurance markets by funding cost-sharing reduction payments for two years would save the government $3.8 billion over the 10-year budget window, the Congressional Budget Office wrote in analysis released Wednesday (Oct. 25). But the CBO analysts said passage of the legislation wouldn’t lower premiums until 2019, even though an early goal of Sens. Lamar Alexander (R-TN) and Patty Murray (D-WA) was to lower premiums for 2018. Savings come chiefly from the estimated rebates...