Healthcare Bill — Gross Cost of Medicaid & CHIP Outlays
The healthcare bill significantly expanded eligibility for Medicaid and the Children’s Health Insurance Program (CHIP). In March 2010, the Congressional Budget Office (CBO) estimated that under the bill there would be roughly 16 million more enrollees in Medicaid and CHIP than the number projected under the laws in place before the bill was enacted. According to the CBO, the gross cost of Medicaid and CHIP outlays under the bill will be an estimated $434 billion over ten years.
Fox News: 05/07/2013