On Feb. 9, Congress passed
and President Trump signed another short-term budget agreement, which included a
provision to lengthen the six-year funding extension for the Children’s Health
Insurance Program (CHIP), passed by Congress last month, to 10 years of funding
for the critical program.
CHIP covers about 8.9
million children and includes dental benefits.
In mid-January, the
Congressional Budget Office (CBO) issued a report
detailing how a 10-year CHIP funding extension would save the government $6
billion. Specifically, the CBO noted that because Medicaid, subsidized coverage
in the marketplaces, and employment-based insurance plans, which would be the
alternative to CHIP coverage, are expected to become more expensive, keeping
CHIP instead is projected to save the federal government $6 billion over 10