The government is poised to end the mandatory coverage of animal products that goes along with many Obamacare subsidies, according to a new report.
The nonpartisan Congressional Budget Office released its annual assessment on the future of the health care law Friday.
The CBO report comes after President Donald Trump announced in February that he would phase out the federal subsidies and other taxpayer-funded benefits to buy a premium-priced product.
It also comes after the CBO released a detailed report on the law’s effect on consumers.
The CBO report does not look at the full impact of the law on the nation’s health care system.
It is not the first time CBO has projected that the law would lead to fewer Americans buying health insurance.
The agency estimated in March that it would cost the country between $1 trillion and $1.5 trillion over the next decade to implement the health law’s mandates.
That estimate did not include costs associated with insurance exchanges, which could be up to $1 billion a year.
The CBO said that if the health insurance marketplaces are able to expand at a pace that matches the nation as a whole, the law will reduce overall health care costs by $1,800 a year for each American.
Barely 2% of Americans currently buy coverage through the federal exchanges.
At the same time, the CBO said, the expansion of the exchanges could result in millions of Americans losing their insurance coverage.
If the expansion were to continue, the nation could face an $11 trillion shortfall in health care spending over the following decade, the report said.
The analysis is based on data on the health and insurance market that the CBO compiled from the Health and Insurance Market Analysis.
It does not include the potential economic effects of the elimination of subsidies to buy insurance.
The report’s authors said that the impact of health care reform on the economy would depend on a variety of factors.
It said that as the number of Americans without insurance declines, the economic impact on the U.S. economy would be mitigated by the expansion and that the reduction in uninsured would be greater.
The Congressional Budget and Policy Center, a nonpartisan Washington think tank, said that some of the changes to the insurance marketplace that are expected to take effect in 2019 would make it harder for Americans to access coverage.
For example, people who already have coverage through a state exchange or other government program would no longer be able to obtain it through an exchange, and new insurance companies would be able only to offer plans on the state exchanges.
The study also said that while there are many subsidies available to help low-income Americans, the subsidies are insufficient to cover the full cost of health insurance, and that there is a growing gap between the cost of the subsidies and the cost for most Americans.
It also said the number and type of services that people get subsidized through the ACA will vary depending on their income, age, and health status.