CBO: Employer mandate delay comes with $12B price tag

Thanks to the Obama administration's recent decision to delay for a year the mandate for larger employers to offer health coverage, the healthcare reform law will cost the government $12 billion more than previously estimated, the Congressional Budget Office said Tuesday. The CBO points to a $10 billion reduction in penalty payments by employers that would have been collected in 2015 as the largest change. Moreover, employment-based coverage will have about1 million fewer enrollees in 2014 than what the CBO projected in May, mostly due to the the one-year delay for penalties on employers. Report

Suggested Articles

The country could see a shortage of between 54,100 and 139,000 physicians, including shortfalls in both primary and specialty care, by 2033.

The Food and Drug Administration has granted breakthrough designation to AppliedVR's platform thatĀ treats chronic lower back pain.

Here's how the COVID-19 pandemic changed healthcare executives' focus on technology and what to expect in 2021.