CBO Says Senate Bill Will Lower Most Insurance Bills; Bayh Reassured

Sen. Evan Bayh had requested that the Congressional Budget Office analyze the likely impact of the Senate health care reform bill on the insurance costs of people who already have insurance. Yesterday the results came in and Bayh reacted favorably in a released statement:

“My primary focus has been making health insurance better and more affordable for average Americans. This report alleviates a major concern that has been raised—that insurance costs will go up across the board as a result of this legislation.

“This study indicates that for most Americans, the bill will have a modestly positive impact on their premium costs. For the remainder, more will see their costs go down than up. Hopefully, we can continue to focus the Senate debate on additional ways to make health insurance even more affordable for all Americans.”

You can read the CBO report here. You can read New York Times analysis here.