CBO: Senate Health Bill Would Save $7.6B Largely Due To Decreased Premiums

The Congressional Budget Office on Tuesday (July 16) reported that the wide-ranging Senate health committee bill, which aims to end surprise medical billing, increase transparency and lower prescription drug and other health costs, would save about $7.6 billion over 10 years, largely due to expected decreases in federal spending on insurance premiums as a result of the surprise billing provisions. The ERISA Industry Committee (ERIC) jumped on the CBO score as proof that the Lower Health Care Costs Act works...