Patient, Health Industry, Employer Groups Offer Support for Legislation That Would Enable CBO to Analyze Long-Term Benefits of Preventive Health
WASHINGTON – Noting that chronic illnesses account for more than 80 percent of the nation’s $2.7 trillion annual healthcare spending, 100 organizations – including numerous patient advocacy organizations, multiple health industry sectors, and the nation’s leading employers – have sent a letter to Capitol Hill endorsing legislation that would change the way the Congressional Budget Office analyzes possible savings from disease prevention programs.
The organizations declared their support for the Preventive Health Savings Act, which would require CBO to analyze whether preventive health initiatives would generate savings beyond the conventional 10-year scoring window. This extensive analysis would need to be requested by the chair or ranking minority member of a congressional budget or health-related committee. The legislation is co-sponsored in the Senate by Senators Ben Cardin (D-MD), Mike Crapo (R-ID), Angus King (I-ME), Jeanne Shaheen (D-NH), and Tom Udall (D-NM). More Details »