Another Estimate on the Cost of Kennedy’s Health Bill: It’s More Like $4 Trillion

Steve Parente and colleagues at Health Systems Innovations have scored the entire bill and come up with a ten-year cost of $4 trillion, including $460 billion in new spending in 2010 alone. This estimate assumes the mandates and coverage expansions will actually work and 99% of the population will be covered.

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  1. […] John Goodman passes on the news that Health Systems Innovations’ analysis of the bill says that it will cost $4 trillion over […]

  2. Tom H. says:

    Glad to see this. Steve Parente does good work. However, it’s unrealistic to think that 99% of the public would be insured. Probably a reaseon goal is to cut the number of uninsured in half.

  3. John Goodman says:

    Parente also has an estimate of the tri-committee draft bill in the House. He puts the cost at $3.5 trillion. I’ll blog on that tomorrow.

  4. […] tip to John Goodman: The Kennedy Bill, if it covers all Americans, will cost about $4 Trillion. Steve Parente and […]

  5. […] public uproar over a health insurance plan that was going to cost as $1 trillion (or $2 trillion or $4 trillion, but who’s counting?), the Democrats have put forth a new bill that claims to cost […]