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Request for CBO Report on Health Care Spending

October 2020

SUMMARY: Rising health insurance premiums and out-of-pocket costs continue to put pressure on employers’ bottom lines and family budgets. Increasing health care costs also have important implications for the federal budget and the economy more broadly. Chairman Yarmuth asked CBO to provide a report on the drivers of health care spending, variation in health care prices and costs, and mechanisms to hold down growth in spending.