ADEA State Update

Congress Extends the Children’s Health Insurance Program for 10 Years

(State Policy, Federal Policy, CHIP) Permanent link   All Posts

ChipGirl

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 years.

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