According to a report recently released by the Congressional budget office 
(CBO), the US government will provide an insurance subsidy disease by about $ 660 billion in 2016, with $ 266 billion reported for employment-based (group) insurance -disease. While group health insurance covers a large number of US workers are expected enrollment on the basis of employment to decline given the alternatives offered by the Affordable Care Act (ACA) and the changing composition of the workforce.
then we'll dive into the details of this forecast employer-sponsored group health insurance.
The substantial US government subsidies of group health insurance
The CBO and the Joint Committee on Taxation (JCT) estimate that the total net subsidy provided by the federal government for people aged under 65 years will be about $ 660 billion in 2016. The CBO and JCT project that will grant annually at a rate of 5.4 percent. The net subsidy for the period 2017-2026 discussed in the report is $ 800000000000.
Most of the cost of these grants may be provided to Medicaid and health insurance coverage sponsored by the employer the age of 65. This cost results mainly because the insurance premiums paid by employers are exempt from income taxes and federal payroll taxes. These hedging grants related to employment should increase to $ 460 billion within a decade and will total about $ 3.6 trillion during the period 2017 to 2026.
In addition, some small employers offering an insurance cover disease to their workers are eligible to receive a tax credit of up to 50 percent of the cost of coverage. The CBO and JCT predict that these credits will cost about $ 1 billion annually.
projected drops in the group health insurance
This year, the insurance based on employment will cover 155 million workers, or 57 percent of the population aged under 65 CBO and JCT expect that number to fall to 152 million by the year 2019 for three reasons. First, the ACA has led some employers do not provide coverage and some employees to deny coverage because of the existence of other sources, such as grants based on the exchange or insurance disease. Second, the cost of group health insurance premiums increased rapidly. Third, the aging population of the United States and changes resulting from the ACA implementation led to an overhaul of the working population.
However, the CBO and JCT notes that there has not been a significant number of employers take the insurance coverage disease at this point.
Conclusion
of federal grants health insurance coverage in 2016 is expected to continue rising over the next decade. In addition, the coverage based on employment is expected to decline due to the ACA, high premiums, and the reorganization of the American workforce. While the CBO and JCT predict that some employers to stop offering coverage in response to the ACA, they believe that the previous CBO estimates of the potential magnitude of this event may have been overestimated.
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