Medicine

Funding CHIP for 10 years would actually save $6 billion: CBO

Funding CHIP for 10 years would actually save $6 billion: CBO

"We must reauthorize the Children's Health Insurance Program - also known as CHIP - that expired in September".

"Like the CHIP Program, Community Health Centers have enjoyed long bipartisan support for the high-quality care that they provide our families".

"It's caused such major upheaval in our lives that it's impossible not to think about", said Montoya, of Longmont, Colo.

Dr. Mahendra Patel, a pediatric cancer doctor, has begun giving away medications to some of his patients, determined not to disrupt their treatments for serious illnesses like leukemia, should Congress fail to come up with renewed funding for a key children's health program now hostage to partisan politics. The debate instead focuses on how to offset the costs of the program.

The Congressional Budget Office has previously estimated that it would cost the federal government $800 million to extend the CHIP program for another five years.

Meanwhile, the almost $3 billion for CHIP that Congress passed in December could run out in just a few weeks.

Extending CHIP for 10 years would save a total of $6 billion, CBO staffers said. There, the government will have to subsidize their coverage - and spend more on those tax credits than they would just keeping the kids in their current CHIP health plans. A GOP senior aide told Modern Healthcare CHIP is "very likely" to go as a stand-alone next week, with six years of funding appropriated, even as Republicans and Democrats alike say they'd like to pay for 10 years. "We will be vigilant to ensure this program isn't subject to repeated short-term fixes and constantly looming deadlines". Orrin Hatch (R-Utah) wants to pass as long an extension as possible and Senate Majority Whip John Cornyn (R-Texas) said he would like to see 10 years as well.

"Families across America had to start 2018 anxious that their kids wouldn't have health care", she tweeted.

More news: Lexington Realty Trust (LXP)

Families across America had to start 2018 anxious that their kids wouldn't have health care.

"While the balance in the redistribution pool may be sufficient to cover February shortfalls enabling all states to cover children through February, it has become increasingly hard to predict how long funds will last for any particular state", the center concluded (PDF). Montoya wasn't surprised to receive his letter, but it left him with "kind of a hopeless feeling".

The program is for children whose families make too much money to qualify for Medicaid.

Without CHIP, dental hygienist Marina Natali says she couldn't afford health coverage for her sons, 12-year-old Ciro (right) and 15-year-old Marcus. But one thing I thought we all could agree on is that we need to do everything we can to look out for our children.

Governors have urged lawmakers to pass long-term legislation.

Today's delay in long-term funding has forced states around the country to rely on leftover money and emergency government grants to maintain coverage for millions of their residents.

During the study, the United States was compared against 19 other countries including the United Kingdom, Canada, France, Sweden and Australia, among which the United States was ranked in last place.

"It's nonsensical and it's frustrating and it's ridiculous, honestly", said Brown, vice chair of the National Governors Association Health and Human Services Committee.


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